WOLTERS KLUWER S/ADR - WTKWY STOCK NEWS

Wolters Kluwer's Ann Roberson has been named the inaugural Technology Operations Executive Leader of the Year by Corporate Vision in its 2021 Technology Innovator Awards. As Vice President of Operations for the Governance, Risk & Compliance division, Roberson's leadership is commended for driving innovation and excellence. This recognition highlights the importance of her team's role in managing legal documentation and compliance for financial institutions. Wolters Kluwer reported annual revenues of €4.6 billion in 2020, emphasizing its global leadership in information services.

The CDC has announced a substantial $2.1 billion investment to enhance infection prevention and control across the U.S. healthcare system. This funding aims to assist healthcare workers through specialized training and resources, targeting 6,000 hospitals, 15,400 nursing homes, and various outpatient settings. Notable allocations include $500 million for staffing strike teams and $385 million to bolster laboratory capacity. This initiative seeks to address public health challenges exacerbated by the COVID-19 pandemic.

Wolters Kluwer ELM Solutions launched its podcast series, Legal Leaders Exchange, discussing insights from its latest LegalVIEW Insights report. The report revealed significant volatility in legal spending, with nearly one-third of companies experiencing a 90% variation in annual spend since 2016. Strategies for managing these costs and investments in technology were also emphasized.

Wolters Kluwer Tax & Accounting announced its cloud-based TeamMate+ Agile Audit solution has received the Gold Globee® Award in the New Product or Service of the Year category from the 2021 American Best in Business Awards. This award recognizes innovations in the audit sector, emphasizing agile methodologies to improve efficiency and risk management. Jim Dunham, Executive Vice President, highlighted the need for agile solutions in modern audit practices. Wolters Kluwer continues to lead in providing expert solutions across various sectors.

Wolters Kluwer, Health announced that Legacy Health has chosen Simplifi 797 for compliance support in cleanroom operations across eight facilities. The platform aims to standardize medication compounding, enhancing staff and patient safety in accordance with USP guidelines (795, 797, 800). Legacy Health recognized inefficiencies in their previous systems and seeks to leverage Simplifi 797 to improve oversight and real-time compliance tracking. This initiative highlights Legacy’s commitment to safety and accountability in pharmacy operations.

Wolters Kluwer has successfully completed the capital reduction approved at the Annual General Meeting on April 22, 2021. The company has cancelled 5,000,000 ordinary shares, reducing the total issued shares to 262,516,153. Following the cancellation, 2,763,928 shares remain in treasury, representing 1.05% of the total issued shares. Wolters Kluwer's operations span over 40 countries, with annual revenues of €4.6 billion reported for 2020. The company’s shares are traded on Euronext Amsterdam under the ticker WKL and the U.S. ADRs trade as WTKWY.