Wolters Kluwer N V Stock Price, News & Analysis

Wolters Kluwer Tax & Accounting has signed an agreement to acquire Isabel Group's accountancy portfolio of cloud-based financial workflow and data exchange solutions for €325 million in cash. The acquisition includes CodaBox, ClearFacts, Clearnox, Zoomit, and Flowin, which serve over 8,000 accounting professionals and 380,000 SMEs and corporate clients across Europe. These solutions facilitate seamless transfer of financial data and address e-invoicing compliance needs.

The portfolio complements Wolters Kluwer's existing European tax and accounting solutions, enabling end-to-end coverage of accountants' workflow. In 2023, the acquired solutions' gross revenues grew 23% to €34 million, with 90% being recurring. The acquisition is expected to reach Wolters Kluwer's cost of capital in its fifth full year of ownership and have an immaterial near-term impact on adjusted earnings. The transaction is subject to regulatory approvals and is expected to complete in the second half of 2024.

Wolters Kluwer has been recognized by Forbes as one of America's Best Employers for Women 2024. This accolade, based on a survey of over 150,000 women across various industries, highlights the company's commitment to gender diversity and inclusive workplace practices. Wolters Kluwer ranks #3 in the Professional Services sector and #114 overall among the top 600 companies identified.

Key achievements include:

• 50% of Executive and Supervisory Boards consist of women
• 32% of executives and 41% of all managers are women
• Previously named one of the most trustworthy companies by Newsweek
• Ranked #1 in the Netherlands for gender diversity by Equileap

The survey assessed companies on workplace conditions, diversity, pay equity, and support for family and parental leave.

Wolters Kluwer (Euronext: WKL) has reported the repurchase of 123,639 of its own ordinary shares from July 18 to July 24, 2024, for €18.8 million at an average share price of €152.40. 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 total 4,059,230 shares for €588.8 million at an average price of €145.06. From May 2 to December 27, 2024, third parties will execute approximately €647 million of buybacks on behalf of Wolters Kluwer. Repurchased shares will be held as treasury shares and used for capital reduction through share cancellation.

Wolters Kluwer (Euronext: WKL) has reported the repurchase of 119,272 of its own ordinary shares from July 11 to July 17, 2024, for €18.3 million at an average share price of €153.10. 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 total 3,935,591 shares for €570.0 million at an average price of €144.83. From May 2 to December 27, 2024, third parties will execute approximately €647 million of buybacks on behalf of Wolters Kluwer. Repurchased shares will be held as treasury shares and used for capital reduction through share cancellation.

Wolters Kluwer (Euronext: WKL) announced the repurchase of 115,744 of its own ordinary shares between July 4 and July 10, 2024, for a total of €17.8 million at an average price of €154.04 per share. This buyback is part of a broader program initiated on February 21, 2024, with the goal of repurchasing €1 billion in shares throughout the year. To date, the company has repurchased 3,816,319 shares, totaling €551.7 million at an average price of €144.57 per share. Third parties have been engaged to execute €647 million worth of buybacks from May 2, 2024, to December 27, 2024. Repurchased shares will be held as treasury shares for future capital reduction through share cancellation.

Wolters Kluwer (Euronext: WKL), a leader in professional information, software solutions, and services, has repurchased 118,154 of its own shares from June 27, 2024, to July 3, 2024, for €18.2 million at an average share price of €154.22. This is part of a €1 billion share buyback program announced on February 21, 2024. To date, the company has repurchased 3,700,575 shares for €533.9 million at an average price of €144.27 per share. From May 2, 2024, to December 27, 2024, approximately €647 million of buybacks will be executed by third parties. The repurchased shares will be held as treasury shares and used for capital reduction through share cancellation. Further details are available on Wolters Kluwer's website.

Wolters Kluwer (Euronext: WKL), a global leader in professional information, software solutions, and services, announced the repurchase of 117,148 ordinary shares between June 20, 2024, and June 26, 2024. This repurchase amounted to €18.0 million at an average price of €154.00 per share. The buyback is part of a larger program announced on February 21, 2024, aiming to repurchase shares worth €1 billion in 2024. As of now, 3,582,421 shares have been repurchased for a cumulative €515.7 million at an average price of €143.95 per share. Wolters Kluwer has engaged third parties to execute approximately €647 million of buybacks from May 2, 2024, to December 27, 2024. The repurchased shares will be held as treasury shares and used for capital reduction through cancellation. More detailed information and weekly updates on the share buyback program are available on the company's website.

Wolters Kluwer (Euronext: WKL) announced that it repurchased 128,507 of its ordinary shares between June 13 and June 19, 2024, for €19.7 million at an average price of €152.97 per share.

This buyback is part of a larger €1 billion share repurchase program initiated on February 21, 2024. To date, the company has repurchased 3,465,273 shares for a total of €497.6 million at an average price of €143.60 per share.

Wolters Kluwer has appointed third parties to execute approximately €647 million in buybacks from May 2, 2024, to December 27, 2024, in compliance with EU regulations and the company's Articles of Association. Repurchased shares are held as treasury shares and will be canceled to reduce capital.

Wolters Kluwer (Euronext: WKL) announced the repurchase of 140,680 ordinary shares between June 6 and June 12, 2024, totaling €21.1 million at an average price of €149.88 per share. This is part of their 2024 share buyback program, aiming for a total of €1 billion. Year-to-date, 3,336,766 shares have been repurchased for €478 million at an average price of €143.24 per share. Third parties will facilitate around €647 million of buybacks from May 2 to December 27, 2024. Repurchased shares will be held as treasury shares and canceled for capital reduction purposes.