Share Buyback Transaction Details March 7 – March 13, 2024
March 14 2024 - 5:00AM
Share Buyback Transaction Details March 7 – March 13, 2024
Share Buyback Transaction Details March 7
– March 13, 2024
March 14, 2024 - Wolters Kluwer
(Euronext: WKL), a global
leading provider of expert solutions,
insights and services for professionals,
today reports that it has repurchased 157,167 of its own
ordinary shares in the period from March 7, 2024, up to and
including March 13, 2024, for €22.8 million and at an average share
price of €144.76.
These repurchases are part of the share buyback program
announced on February 21, 2024, under which we intend to repurchase
shares for up to €1 billion during 2024.
The cumulative amounts repurchased 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 |
1,495,999 |
211.6 |
141.46 |
For the period starting February 23, 2024, up to and including
April 29, 2024, we have engaged a third party to execute €205
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.
Repurchased shares are added to and held as treasury shares and
will be used for capital reduction purposes or to meet obligations
arising from share-based incentive plans.
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.
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 |
Paul Lyon |
Meg Geldens |
External
Communications |
Investor
Relations |
t + 44 (0)
7765-391-824 |
t + 31
(0)172-641-407 |
press@wolterskluwer.com |
ir@wolterskluwer.com |
Forward-looking Statements and Other Important Legal
InformationThis 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; 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.
This press release contains information which is to be made
publicly available under Regulation (EU) 596/2014.
- 2024.03.14 Share Buyback Transactions March 7 -13 2024
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