Share Buyback Transaction Details August 10 – August 16, 2023

Rhea-AI Summary

Wolters Kluwer reports repurchasing 208,731 of its own shares for €23.4 million, at an average share price of €112.28. This is part of the share buyback program announced in February 2023, with a target of repurchasing shares worth up to €1 billion during 2023. Cumulative shares repurchased to date in 2023 are 4,980,912, with a total consideration of €550.3 million and an average share price of €110.49.

Share Buyback Transaction Details August 10 – August 16, 2023

August 17, 2023 - Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 208,731 of its own ordinary shares in the period from August 10, 2023, up to and including August 16, 2023, for €23.4 million and at an average share price of €112.28.

These repurchases are part of the share buyback program announced on February 22, 2023, under which we intend to repurchase shares for up to €1 billion during 2023.

The cumulative amounts repurchased to date under this year’s buyback program are as follows:

Share Buyback 2023

Period	Cumulative shares repurchased in period	Total consideration (€ million)	Average share price (€)
2023 to date	4,980,912	550.3	110.49

For the period starting August 3, 2023, up to and including October 30, 2023, we have mandated third parties to execute €300 million in share 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

Repurchased shares are added to and held as treasury shares and will be used for capital reduction purposes or to meet obligations arising from share-based incentive plans.

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.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software, and services for professionals in healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, and corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. 

Wolters Kluwer reported 2022 annual revenues of €5.5 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 20,900 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
Paul Lyon	Meg Geldens
External Communications	Investor Relations
t + 44 20 3197 6586	t + 31 172 641 407
press@wolterskluwer.com	ir@wolterskluwer.com

Forward-looking Statements and Other Important Legal Information
This 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; 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.

This press release contains information which is to be made publicly available under Regulation (EU) 596/2014.

Attachment

• 2023.08.17 Share Buyback Transactions August 10 - August 16 2023

FAQ

What is the company name involved in the share buyback transaction?

The company involved in the share buyback transaction is Wolters Kluwer.

How many shares did Wolters Kluwer repurchase?

Wolters Kluwer repurchased 208,731 of its own shares.

What was the total amount spent on the share buyback?

The total amount spent on the share buyback was €23.4 million.

What was the average share price during the buyback period?

The average share price during the buyback period was €112.28.

What is the target amount for the share buyback program in 2023?

The target amount for the share buyback program in 2023 is up to €1 billion.

How many shares have been repurchased in 2023 so far?

In 2023, a total of 4,980,912 shares have been repurchased.

What is the total consideration for shares repurchased in 2023?

The total consideration for shares repurchased in 2023 is €550.3 million.

What is the average share price for shares repurchased in 2023?

The average share price for shares repurchased in 2023 is €110.49.