WOLTERS KLUWER S/ADR - WTKWY STOCK NEWS

Wolters Kluwer, a leading provider of professional information and software solutions, has achieved the highest ranking among AEX-listed large cap companies in the Netherlands in the 18th edition of the Dutch Female Board Index 2024. The company ranks second overall among all Dutch listed companies. Wolters Kluwer's current gender diversity statistics show:

• 50% female representation on the Executive Board
• 50% female representation on the Supervisory Board
• 40% female representation among divisional chief executives

The index, compiled by Professor Mijntje Lückerath at TIAS School for Business and Society, reveals that newly appointed females on executive board positions of Dutch listed companies increased to 32% from 13% a year earlier. The percentage of newly appointed females at the Supervisory Board level remained relatively stable at 53%.

Wolters Kluwer, a leading provider of professional information and software solutions, has secured the number two ranking in the global Business & Professional Services Category on Newsweek's World's Most Trustworthy Companies list for the second consecutive year. The company also ranks second among the 16 Dutch-based companies on the list.

This prestigious ranking, published by Newsweek in partnership with Statista, evaluated over 1,000 companies globally based on 230,000 ratings from 70,000 respondents across 20 countries and 23 industries. The survey recognizes companies that have earned the confidence of consumers, investors, and employees through quality products, fair wages, and effective leadership.

Nancy McKinstry, CEO and Chair of the Board of Wolters Kluwer, expressed honor at the recognition, emphasizing the company's commitment to integrity, innovation, and customer focus. Wolters Kluwer serves professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG sectors in over 180 countries, including most Fortune 500 companies.

Wolters Kluwer (Euronext: WKL) has reported the repurchase of 133,942 of its own ordinary shares from September 19 to 25, 2024, for a total of €21.0 million at an average share price of €156.50. This is part of a larger €1 billion share buyback program for 2024, announced on February 21, 2024.

The cumulative amount repurchased year-to-date under this program is 5,162,049 shares for a total consideration of €757.3 million at an average share price of €146.71. From May 2 to December 27, 2024, third parties have been engaged to execute approximately €647 million of buybacks on behalf of the company.

Repurchased shares will be held as treasury shares and used for capital reduction through share cancellation. Detailed transaction information and weekly progress reports are available on the company's website.

Wolters Kluwer (Euronext: WKL) has reported the repurchase of 132,097 of its own ordinary shares from September 12 to 18, 2024, for €20.7 million at an average share price of €156.50. This is part of a larger €1 billion share buyback program for 2024, announced on February 21, 2024.

The company has repurchased a total of 5,028,107 shares year-to-date, with a total consideration of €736.4 million at an average share price of €146.45. Wolters Kluwer has engaged third parties to execute approximately €647 million of buybacks from May 2 to December 27, 2024.

Repurchased shares will be held as treasury shares and used for capital reduction through share cancelation. Detailed transaction information and weekly progress reports are available on the company's website.

Wolters Kluwer has completed a significant capital reduction approved by shareholders in May 2024. The company has cancelled 10 million ordinary shares held in treasury, reducing its total issued ordinary shares from 248,516,153 to 238,516,153. After this cancellation, Wolters Kluwer now holds 2,345,322 shares in treasury, representing 0.98% of total issued ordinary shares. The company has notified the Dutch Authority for the Financial Markets (AFM) of these changes in its issued share capital.

This move is part of Wolters Kluwer's strategy to use repurchased shares for capital reduction through share cancellation. Some treasury shares may be retained for future obligations under share-based incentive schemes.

Wolters Kluwer (WTKWY) has nominated Anjana Harve for appointment to its Supervisory Board. The proposal will be submitted at an Extraordinary General Meeting of Shareholders on October 28, 2024. Ms. Harve, currently the Executive Vice President and Chief Information Officer at BJ's Wholesale Club, brings extensive IT expertise and leadership experience to the role. She has previously held Global CIO positions at Fresenius Medical Care and Hillrom, as well as a senior role at Novartis.

Ann Ziegler, Chair of the Supervisory Board, expressed excitement about the nomination, highlighting Ms. Harve's experience in overseeing complex IT projects globally, particularly in the Healthcare sector. Ms. Harve holds an MBA from The Wharton School and a BS in Computer Science Engineering from Bangalore University, India.

Wolters Kluwer (Euronext: WKL) has reported the repurchase of 141,242 of its own ordinary shares from September 5 to September 11, 2024. The total cost was €21.5 million at an average share price of €151.95. This is part of a larger €1 billion share buyback program for 2024, announced on February 21, 2024.

The cumulative repurchases for 2024 to date amount to 4,896,010 shares for a total of €715.7 million at an average price of €146.18. From May 2 to December 27, 2024, third parties will execute approximately €647 million of buybacks on behalf of Wolters Kluwer. Repurchased shares will be held as treasury shares and used for capital reduction through share cancellation.

Wolters Kluwer Tax & Accounting (TAA) has completed the acquisition of Isabel Group's European accountancy portfolio for €325 million in cash. The acquisition includes cloud-based financial workflow and data exchange solutions: CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin. These solutions facilitate seamless transfer of financial data, optimizing accountant-client collaboration and addressing e-invoicing compliance needs across Europe.

The acquired portfolio serves over 8,000 accounting professionals and 380,000 SMEs and corporate clients. This strategic move allows Wolters Kluwer to provide end-to-end coverage of the accounting workflow in the Belgium market, from pre-accounting to post-accounting, including e-invoicing. Marie Costers, former VP of Business Solutions at Isabel Group, will join Wolters Kluwer's TAA European executive team to lead the acquired solutions.

Wolters Kluwer (Euronext: WKL) has reported the latest details of its share buyback program for the period of August 29 to September 4, 2024. The company repurchased 121,681 ordinary shares for €18.8 million at an average price of €154.12 per share. This is part of a larger €1 billion share buyback program announced on February 21, 2024, for the year 2024.

The cumulative amount repurchased year-to-date under this program stands at 4,754,768 shares for a total consideration of €694.2 million at an average share price of €146.01. From May 2 to December 27, 2024, third parties have been engaged to execute approximately €647 million of buybacks on behalf of Wolters Kluwer. The repurchased shares will be held as treasury shares and used for capital reduction through share cancellation.