Share Buyback Transaction Details August 3 – August 9, 2023

Rhea-AI Summary

Wolters Kluwer reports repurchasing 208,588 of its own ordinary shares from August 3 to August 9, 2023, for €23.4 million at an average share price of €112.36. This is part of the share buyback program announced on February 22, 2023, with a total buyback target of €1 billion for 2023. The cumulative repurchases for this year's program stand at 4,772,181 shares, with a total consideration of €526.9 million and an average share price of €110.41.

Share Buyback Transaction Details August 3 – August 9, 2023

August 10, 2023 - Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 208,588 of its own ordinary shares in the period from August 3, 2023, up to and including August 9, 2023, for €23.4 million and at an average share price of €112.36.

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	4,772,181	526.9	110.41

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

• 2023.08.10 Share Buyback Transactions August 3 - August 9 2023

FAQ

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

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

When did the share buyback program start and end?

The share buyback program started on February 22, 2023, and is ongoing for the entire year of 2023.

How many shares were repurchased in the specified period?

In the period from August 3 to August 9, 2023, Wolters Kluwer repurchased 208,588 of its own ordinary shares.

What was the total consideration for the shares repurchased?

The total consideration for the shares repurchased in the specified period was €23.4 million.

What was the average share price for the repurchased shares?

The average share price for the repurchased shares in the specified period was €112.36.

What is the cumulative number of shares repurchased in 2023?

As of now, Wolters Kluwer has repurchased a total of 4,772,181 shares in 2023.

What is the total consideration for all repurchased shares in 2023?

The total consideration for all repurchased shares in 2023 is €526.9 million.

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

The average share price for all repurchased shares in 2023 is €110.41.

What will the repurchased shares be used for?

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

Where can I find more information about the share buyback transactions?

More information about the share buyback transactions can be found on the company's website, including a downloadable excel sheet with detailed individual transaction information and weekly reports on the progress of the share repurchases.