Share Buyback Transaction Details December 14 – December 20, 2023
- Wolters Kluwer is actively repurchasing its own shares, indicating confidence in the company's financial position and future prospects.
- The share buyback program announced by the company shows a commitment to returning value to shareholders and utilizing excess cash effectively.
- None.
Share Buyback Transaction Details December 14 – December 20, 2023
December 21, 2023 - Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 202,170 of its own ordinary shares in the period from December 14, 2023, up to and including December 20, 2023, for
These repurchases are part of the share buyback program announced on February 22, 2023, under which we intend to repurchase shares for up to
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 | 8,646,087 | 988.1 | 114.28 |
For the period starting November 2, 2023, up to and including December 27, 2023, we have mandated a third party to execute
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
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, 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.
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FAQ
How many shares did Wolters Kluwer repurchase from December 14 to December 20, 2023?
What was the total amount spent on the share buyback from December 14 to December 20, 2023?
What is the average share price at which Wolters Kluwer repurchased its shares from December 14 to December 20, 2023?
What is the total consideration and average share price of shares repurchased by Wolters Kluwer in 2023 to date?
What is the purpose of the repurchased shares held as treasury shares by Wolters Kluwer?
