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Share Buyback Transaction Details December 19 – December 27, 2024

Wolters Kluwer (Euronext: WKL) has completed its share buyback program for 2024, with the final transactions occurring between December 19-27, 2024.

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Wolters Kluwer (Euronext: WKL) has completed its share buyback program for 2024, with the final transactions occurring between December 19-27, 2024. During this period, the company repurchased 120,559 ordinary shares at an average price of €160.03, totaling €19.3 million.

The completion fulfills the previously announced third-party agreements to repurchase €647 million in shares from May 2 to December 27, 2024. For the entire 2024 program, Wolters Kluwer repurchased a total of 6,700,915 shares at an average price of €149.23, reaching the full program target of €1 billion.

All repurchased shares will be held as treasury shares and used for capital reduction through share cancellation.

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PRESS RELEASE                                        

Share Buyback Transaction Details December 19 – December 27, 2024

Alphen aan den Rijn – December 30, 2024 - Wolters Kluwer (Euronext: WKL), a global leader in professional information, software solutions, and services, today reports that it has repurchased 120,559 of its own ordinary shares in the period from December 19, 2024, up to and including December 27, 2024, for €19.3 million and at an average share price of €160.03.

The previously disclosed third-party agreements to repurchase €647 million in shares starting May 2, 2024, up to and including December 27, 2024, have hereby been fulfilled and the total 2024 share buyback for €1 billion has hereby also been completed.

The cumulative amounts repurchased in the year 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 6,700,9151,000.0149.23

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:

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 €5.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,400 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, Euro Stoxx 50 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 LinkedIn, Facebook, YouTube and Instagram.

MediaInvestors/Analysts
Stefan KloetMeg Geldens
Associate DirectorVice President
Global CommunicationsInvestor Relations
  
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; 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

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How many shares did Wolters Kluwer (WTKWY) repurchase in December 19-27, 2024?

Wolters Kluwer repurchased 120,559 ordinary shares between December 19-27, 2024, at an average price of €160.03, totaling €19.3 million.

What is the total value of Wolters Kluwer's 2024 share buyback program?

The total value of Wolters Kluwer's 2024 share buyback program was €1 billion, which has been fully completed.

How many shares did Wolters Kluwer repurchase in total during 2024?

Wolters Kluwer repurchased a total of 6,700,915 shares throughout 2024 at an average price of €149.23.

What is the purpose of Wolters Kluwer's share buyback program?

The repurchased shares are held as treasury shares and will be used for capital reduction purposes through share cancellation.

How much was the third-party agreement portion of Wolters Kluwer's 2024 buyback program?

The third-party agreements portion of the buyback program was €647 million, executed from May 2, 2024, to December 27, 2024.

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