Wolters Kluwer Completes Capital Reduction
September 13 2024 - 8:45AM
PRESS RELEASE
Wolters Kluwer Completes Capital
Reduction
Alphen aan den Rijn – September 13, 2024 - Wolters
Kluwer announces that it has completed the reduction in share
capital approved by shareholders at the Annual General Meeting of
Shareholders held on May 8, 2024.
The company confirms that 10,000,000 ordinary shares held in
treasury have now been cancelled. The total number of issued
ordinary shares is therefore reduced to 238,516,153 (previously
248,516,153).
Following this cancellation, the number of shares held in
treasury is now 2,345,322 and, in accordance with regulatory
requirements, Wolters Kluwer has notified the Dutch Authority for
the Financial Markets (AFM) of the change in its issued share
capital and that it currently holds 0.98% of total issued ordinary
shares.
Shares repurchased by the company are added to and held as
treasury shares, to be used for capital reduction purposes through
share cancellation. Part of these treasury shares may be retained
and used to meet future obligations under share-based incentive
schemes.
# # #About
Wolters 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 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, Twitter, Facebook, and YouTube.
Media |
Investors
/ Analysts |
Dave Guarino |
Meg Geldens |
Wolters Kluwer |
Wolters
Kluwer |
VP, Head of Global
Communications |
Investor
Relations |
dave.guarino@wolterskluwer.com |
ir@wolterskluwer.com |
t +1 646 954
8215 |
|
|
|
Stefan Kloet |
|
Associate
Director |
|
Wolters Kluwer |
|
Global
Communications |
|
Stefan.Kloet@wolterskluwer.com |
|
t +31 612 22 36
57 |
|
Forward-looking statements and other important legal
information This press release 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.
- 2024.09.13 Wolters Kluwer Completes Capital Reduction
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