Share Buyback Transaction Details September 26 – October 2, 2024
03 October 2024 - 6:00PM
UK Regulatory
Share Buyback Transaction Details September 26 – October 2, 2024
PRESS
RELEASE
Share Buyback Transaction Details
September 26 – October 2, 2024
Alphen aan den Rijn – October 3, 2024 - Wolters
Kluwer (Euronext: WKL),
a global leader in
professional information, software solutions, and
services, today reports that it has repurchased
138,773 of its own ordinary shares in the period from September 26,
2024, up to and including October 2, 2024, for €21.3 million and at
an average share price of €153.55.
These repurchases are part of the share buyback program
announced on February 21, 2024, under which we intend to repurchase
shares for €1 billion during 2024.
The cumulative amounts repurchased in the year to date under
this program are as follows:
Share Buyback 2024
Period |
Cumulative shares repurchased in period |
Total consideration
(€ million) |
Average share price
(€) |
2024 to date |
5,300,822 |
778.7 |
146.89 |
For the period starting May 2, 2024, up to and including
December 27, 2024, we have engaged third parties to execute
approximately €647 million of buybacks on our behalf, within the
limits of relevant laws and regulations (in particular Regulation
(EU) 596/2014) and the company’s Articles of Association.
Shares repurchased are added to and held as treasury shares and
will be used for capital reduction purposes through share
cancelation.
Further information is available on our website:
- Download the share buyback transactions excel sheet for
detailed individual transaction information.
- Weekly reports on the progress of our share repurchases.
- Overview of share buyback programs.
For more information about Wolters Kluwer, please visit:
www.wolterskluwer.com.
###
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in
information, software solutions and services for professionals in
healthcare; tax and accounting; financial and corporate compliance;
legal and regulatory; corporate performance and ESG. We help our
customers make critical decisions every day by providing expert
solutions that combine deep domain knowledge with technology
and services.
Wolters Kluwer reported 2023 annual revenues of €5.6 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 21,400
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and
are included in the AEX, Euro Stoxx 50 and Euronext 100 indices.
Wolters Kluwer has a sponsored Level 1 American Depositary Receipt
(ADR) program. The ADRs are traded on the over-the-counter market
in the U.S. (WTKWY).
For more information, visit www.wolterskluwer.com, follow us on
LinkedIn, Facebook, YouTube and Instagram.
Media |
Investors/Analysts |
Dave Guarino |
Meg Geldens |
Global
Communications |
Investor
Relations |
t + 1 646 954
8215 |
ir@wolterskluwer.com |
press@wolterskluwer.com |
|
Forward-looking Statements and Other Important Legal
Information
This report contains forward-looking statements. These statements
may be identified by words such as “expect”, “should”, “could”,
“shall” and similar expressions. Wolters Kluwer cautions that such
forward-looking statements are qualified by certain risks and
uncertainties that could cause actual results and events to differ
materially from what is contemplated by the forward-looking
statements. Factors which could cause actual results to differ from
these forward-looking statements may include, without limitation,
general economic conditions; conditions in the markets in which
Wolters Kluwer is engaged; conditions created by pandemics;
behavior of customers, suppliers, and competitors; technological
developments; the implementation and execution of new ICT systems
or outsourcing; and legal, tax, and regulatory rules affecting
Wolters Kluwer’s businesses, as well as risks related to mergers,
acquisitions, and divestments. In addition, financial risks such as
currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of
factors should not be construed as exhaustive. Wolters Kluwer
disclaims any intention or obligation to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise.
Elements of this press release contain or may contain inside
information about Wolters Kluwer within the meaning of Article 7(1)
of the Market Abuse Regulation (596/2014/EU). Trademarks referenced
are owned by Wolters Kluwer N.V. and its subsidiaries and may be
registered in various countries.
- 2024.10.03 Share Buyback Transactions September 26 - October 2
2024
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