Share Buyback Transaction Details October 10 – October 16, 2024
Wolters Kluwer (Euronext: WKL) has reported the repurchase of 133,009 of its own ordinary shares from October 10 to October 16, 2024, for €20.8 million at an average share price of €156.45. This is part of a larger €1 billion share buyback program for 2024, announced on February 21, 2024.
The cumulative repurchases for 2024 to date amount to 5,574,757 shares for a total of €820.8 million, at an average price of €147.24. From May 2 to December 27, 2024, third parties have been engaged to execute approximately €647 million of buybacks within legal limits.
Repurchased shares will be held as treasury shares and used for capital reduction through share cancellation. Detailed transaction information and weekly progress reports are available on the company's website.
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PRESS RELEASE
Share Buyback Transaction Details October 10 – October 16, 2024
Alphen aan den Rijn – October 17, 2024 - Wolters Kluwer (Euronext: WKL), a global leader in professional information, software solutions, and services, today reports that it has repurchased 133,009 of its own ordinary shares in the period from October 10, 2024, up to and including October 16, 2024, for
These repurchases are part of the share buyback program announced on February 21, 2024, under which we intend to repurchase shares for
The cumulative amounts repurchased in the year to date under this program are as follows:
Share Buyback 2024
| Period | Cumulative shares repurchased in period | Total consideration (€ million) | Average share price (€) |
| 2024 to date | 5,574,757 | 820,8 | 147.24 |
For the period starting May 2, 2024, up to and including December 27, 2024, we have engaged third parties to execute approximately
Shares repurchased are added to and held as treasury shares and will be used for capital reduction purposes through share cancelation.
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.
For more information about Wolters Kluwer, please visit: www.wolterskluwer.com.
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About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2023 annual revenues of
For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.
| Media | Investors/Analysts |
| Dave Guarino | Meg Geldens |
| Global Communications | Investor Relations |
| t + 1 646 954 8215 | ir@wolterskluwer.com |
| press@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; conditions created by pandemics; 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.
Elements of this press release contain or may contain inside information about Wolters Kluwer within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU). Trademarks referenced are owned by Wolters Kluwer N.V. and its subsidiaries and may be registered in various countries.
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FAQ
How many shares did Wolters Kluwer (WTKWY) repurchase between October 10-16, 2024?
What is the total value of Wolters Kluwer's share buyback program for 2024?
What is the average share price for Wolters Kluwer's (WTKWY) repurchases in 2024 to date?
How many shares has Wolters Kluwer (WTKWY) repurchased in total for 2024 so far?
What is the purpose of Wolters Kluwer's share repurchase program?
