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Share Buyback Transaction Details February 15 – 19, 2024

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Wolters Kluwer (WKL) repurchased 65,122 of its own ordinary shares for €9.3 million at an average price of €143.52, fulfilling a €100 million share buyback agreement. The company has repurchased a total of 732,722 shares in 2024, totaling €100 million at an average price of €136.48.
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Share Buyback Transaction Details February 15 – 19, 2024

February 20, 2024 - Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 65,122 its own ordinary shares in the period from February 15, 2024, up to and including February 19, 2024, for €9.3 million and at an average share price of €143.52.

The previously disclosed third-party agreement to repurchase €100 million in shares starting January 2, 2024, up to and including February 19, 2024, has hereby been fulfilled.

The cumulative amounts repurchased to date under this program are as follows:

Share Buyback 2024

PeriodCumulative shares repurchased in period Total consideration
(€ million)
Average share price
(€)
2024 to date                           732,722100.0136.48

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:

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 LinkedInTwitter, Facebook, and YouTube.

MediaInvestors/Analysts
Paul LyonMeg Geldens
External CommunicationsInvestor Relations
t + 44 20 3197 6586t + 31 172 641 407
press@wolterskluwer.comir@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


FAQ

How many shares did Wolters Kluwer repurchase in the specified period?

Wolters Kluwer repurchased 65,122 of its own ordinary shares.

What was the total amount spent on the share buyback?

The total amount spent on the share buyback was €9.3 million.

At what average price were the shares repurchased?

The shares were repurchased at an average price of €143.52.

Has Wolters Kluwer fulfilled its previously disclosed third-party agreement for share repurchase?

Yes, Wolters Kluwer has fulfilled the third-party agreement to repurchase €100 million in shares.

How many shares has Wolters Kluwer repurchased in total in 2024?

Wolters Kluwer has repurchased a total of 732,722 shares in 2024.

What is the average price at which Wolters Kluwer has repurchased shares in 2024?

The average price at which Wolters Kluwer has repurchased shares in 2024 is €136.48.

WOLTERS KLUWER S/ADR

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