Share Buyback Transaction Details June 27 – July 3, 2024
July 04 2024 - 4:00AM
Share Buyback Transaction Details June 27 – July 3, 2024
PRESS
RELEASE
Share Buyback Transaction Details June 27
– July 3, 2024
Alphen aan den Rijn – July 4, 2024 - Wolters
Kluwer (Euronext: WKL),
a global leader in
professional information, software solutions, and
services, today reports that it has repurchased
118,154 of its own ordinary shares in the period from June 27,
2024, up to and including July 3, 2024, for €18.2 million and at an
average share price of €154.22.
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 |
3,700,575 |
533.9 |
144.27 |
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
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; 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.
- 2024.07.04 Share Buyback Transactions June 27 - July 3
2024
Wolters Kluwers NV (EU:WKL)
Historical Stock Chart
From Jul 2024 to Aug 2024
Wolters Kluwers NV (EU:WKL)
Historical Stock Chart
From Aug 2023 to Aug 2024