Welcome to our dedicated page for WOLTERS KLUWER S/ADR news (Ticker: $WTKWY), a resource for investors and traders seeking the latest updates and insights on WOLTERS KLUWER S/ADR stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WOLTERS KLUWER S/ADR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WOLTERS KLUWER S/ADR's position in the market.
Wolters Kluwer, a global leader in professional information, software solutions, and services, has unveiled its dedicated AI center, showcasing its commitment to integrating AI into its products over the past decade. The AI center centralizes the company’s latest AI-driven solutions across various sectors, including health, financial services, legal, ESG, risk, regulatory, and compliance. The launch includes a fireside chat with CEO Nancy McKinstry, emphasizing the impact of AI on professionals' work and the company's leadership in providing cutting-edge tools and information.
Wolters Kluwer, a global leader in professional information and software solutions, released its first-quarter 2024 trading update. Revenues grew by 6% organically, with recurring revenues up 7% and non-recurring revenues up 1%. The adjusted operating profit margin increased, and the adjusted free cash flow also saw growth. The company reiterated its full-year 2024 guidance and completed €353 million of its intended €1 billion share buyback. CEO Nancy McKinstry expressed satisfaction with the performance and highlighted investments in expert solutions and artificial intelligence.
Wolters Kluwer (WKL) repurchased 100,546 of its own shares for €14.1 million at an average price of €140.32 from April 25 to April 29, 2024. The previously announced €205 million share buyback program has been completed, with a total of 2,488,263 shares repurchased to date. The repurchased shares will be held as treasury shares for capital reduction or share-based incentive plans.
