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Share Buyback Transaction Details October 26 – October 30, 2023

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Wolters Kluwer, a global leading provider of expert solutions, has repurchased 122,307 of its own ordinary shares for €14.6 million, at an average share price of €119.21. The previously disclosed third-party agreements to repurchase shares for €300 million has been fulfilled. Cumulative shares repurchased in 2023 are 7,176,367, with a total consideration of €803.5 million and an average share price of €111.96.
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Share Buyback Transaction Details October 26 – October 30, 2023

October 31, 2023 - Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 122,307 of its own ordinary shares in the period from October 26, 2023, up to and including October 30, 2023, for €14.6 million and at an average share price of €119.21.

The previously disclosed third-party agreements to repurchase shares for €300 million during the period starting August 3, 2023, up to and including October 30, 2023, has hereby been fulfilled.

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 7,176,367 803.5 111.96

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.

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

What company has conducted a share buyback transaction?

Wolters Kluwer.

How many shares did Wolters Kluwer repurchase?

Wolters Kluwer repurchased 122,307 of its own ordinary shares.

What was the total consideration for the share buyback?

The total consideration for the share buyback was €14.6 million.

What was the average share price for the repurchased shares?

The average share price for the repurchased shares was €119.21.

Has Wolters Kluwer fulfilled its previously disclosed third-party agreements for share repurchases?

Yes, Wolters Kluwer has fulfilled its previously disclosed third-party agreements to repurchase shares for €300 million.

What are the cumulative shares repurchased by Wolters Kluwer in 2023?

Wolters Kluwer has repurchased a total of 7,176,367 shares in 2023.

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

The total consideration for all the shares repurchased in 2023 is €803.5 million.

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

The average share price for all the shares repurchased in 2023 is €111.96.

WOLTERS KLUWER S/ADR

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Alphen aan den Rijn