STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Share Buyback Transaction Details January 16 – January 22, 2025

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
buybacks

Wolters Kluwer (Euronext: WKL) has reported its latest share buyback transactions for the period of January 16-22, 2025. The company repurchased 76,532 ordinary shares at an average price of €171.92, totaling €13.2 million.

This activity is part of a larger share buyback program announced on October 30, 2024, with the intention to repurchase shares worth €100 million between January 2, 2025, and February 24, 2025. The cumulative results for 2025 to date show 238,567 shares repurchased at an average price of €165.43, totaling €39.5 million.

The company has engaged a third party to execute the buybacks within regulatory limits. The repurchased shares will be held as treasury shares and subsequently canceled for capital reduction purposes. Detailed transaction information and weekly progress reports are available on the company's website.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

PRESS RELEASE                                        

Share Buyback Transaction Details January 16 – January 22, 2025

Alphen aan den Rijn – January 23, 2025 - Wolters Kluwer (Euronext: WKL), a global leader in professional information, software solutions, and services, today reports that it has repurchased 76,532 of its own ordinary shares in the period from January 16, 2025, up to and including January 22, 2025, for €13.2 million and at an average share price of €171.92.

These repurchases are part of the share buyback program announced on October 30, 2024, under which we intend to repurchase shares for €100 million during the period starting January 2, 2025, up to and including February 24, 2025.

The cumulative amounts repurchased in the year to date under this program are as follows:

Share Buyback 2025

PeriodCumulative shares repurchased in period Total consideration
(€ million)
Average share price
(€)
2025 to date 238,56739.5165.43

For the above-mentioned period, we have engaged a third party to execute €100 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association.

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.

###

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.

Attachment


FAQ

How many shares did Wolters Kluwer (WTKWY) repurchase between January 16-22, 2025?

Wolters Kluwer repurchased 76,532 ordinary shares between January 16-22, 2025, at an average price of €171.92, totaling €13.2 million.

What is the total value of Wolters Kluwer's 2025 share buyback program?

The share buyback program announced on October 30, 2024, intends to repurchase shares worth €100 million during the period from January 2, 2025, to February 24, 2025.

How many shares has Wolters Kluwer repurchased in 2025 to date?

In 2025 to date, Wolters Kluwer has repurchased 238,567 shares at an average price of €165.43, with a total consideration of €39.5 million.

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

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

When will Wolters Kluwer's current share buyback program end?

The current share buyback program is scheduled to end on February 24, 2025.
Wolters Kluwer N V

OTC:WTKWY

WTKWY Rankings

WTKWY Latest News

WTKWY Stock Data

28.84B
234.37M
0.11%
Specialty Business Services
Industrials
Link
Netherlands
Alphen aan den Rijn