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WOLTERS KLUWER S/ADR - WTKWY STOCK NEWS

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Wolters Kluwer (WTKWY) is a global leader in digital knowledge solutions and cloud software for tax, finance, accounting, and legal professionals. With offerings like the SAP Document and Reporting Compliance solution integrated with the CCH SureTax solution, Wolters Kluwer helps multinational companies manage U.S. tax filing obligations efficiently. The company serves customers in over 180 countries and reported 2022 annual revenues of €5.5 billion.

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Wolters Kluwer has appointed Maria Montenegro as Senior Vice President of Strategy & Innovation, effective April 5, 2022. Montenegro will collaborate with the Executive Board to enhance the company's growth and innovation strategies, particularly its three-year plan, Elevate our Value. She joins from McKinsey's Life Sciences Digital Practice and succeeds Atul Dubey, now SVP & General Manager of Wolters Kluwer Legal & Regulatory U.S. The company reported €4.8 billion in 2021 revenues and operates in over 40 countries worldwide.

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Wolters Kluwer has appointed Dave Guarino as Vice President of Global Communications as of April 1, 2022. Guarino, based in New York, will oversee all communications for the Dutch technology company and will implement its three-year strategy, Elevate our Value. He has extensive experience, previously serving as Chief Communications Officer at S&P Global and holding senior roles at UBS and New York Life Insurance Company. Wolters Kluwer reported €4.8 billion in annual revenue in 2021 and operates in over 180 countries.

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Wolters Kluwer CT Corporation will host a webinar titled “Managing Business Licensing Compliance” on April 20 at 1 PM ET. The event aims to help businesses navigate expanding licensing requirements at local, state, and federal levels. A panel of experts will discuss the legal consequences of non-compliance and the implications of heightened enforcement. Following its acquisition of LicenseLogix in October 2021, CT Corporation has enhanced its business licensing offerings, aiming to better support clients in understanding and fulfilling their compliance obligations.

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Wolters Kluwer has analyzed the changes to Required Minimum Distributions (RMDs) following the SECURE Act of 2019, enacted on December 20, 2019. The IRS released proposed regulations on February 24, 2022, clarifying key provisions. Notable clarifications include the extension of the RMD age from 70½ to 72, beneficiary distribution periods, and definitions of eligible designated beneficiaries. These regulations aim to provide clarity on tax implications for retirement savings, reinforcing the need for proper compliance and planning.

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Wolters Kluwer Lien Solutions has been named a Preferred Vendor by the International Factoring Association (IFA), enhancing its service offering to factoring organizations. This partnership allows IFA members to benefit from a 15% discount on over 20 lien management searches through the iLien platform. The iLien solution streamlines UCC filings and provides advanced analytics and monitoring tools, helping factors manage risks effectively. This collaboration aligns well with the needs of IFA members, which include improved risk management capabilities and support for complex lending decisions.

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FAQ

What is the current stock price of WOLTERS KLUWER S/ADR (WTKWY)?

The current stock price of WOLTERS KLUWER S/ADR (WTKWY) is $163.48 as of November 22, 2024.

What is the market cap of WOLTERS KLUWER S/ADR (WTKWY)?

The market cap of WOLTERS KLUWER S/ADR (WTKWY) is approximately 38.3B.

What does Wolters Kluwer do?

Wolters Kluwer provides digital knowledge solutions and cloud software for tax, finance, accounting, and legal professionals globally.

What are some of Wolters Kluwer's offerings?

Wolters Kluwer offers the SAP Document and Reporting Compliance solution integrated with the CCH SureTax solution for efficient tax compliance.

How many countries does Wolters Kluwer serve?

Wolters Kluwer serves customers in over 180 countries worldwide.

What were Wolters Kluwer's 2022 annual revenues?

Wolters Kluwer reported 2022 annual revenues of €5.5 billion.

Where is Wolters Kluwer headquartered?

Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands.

WOLTERS KLUWER S/ADR

OTC:WTKWY

WTKWY Rankings

WTKWY Stock Data

38.28B
236.17M
0.04%
Specialty Business Services
Industrials
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United States of America
Alphen aan den Rijn