Wolters Kluwer Update on Share Buyback Program
June 14 2016 - 2:00AM
June 14, 2016 - Wolters Kluwer, a global leader in professional information
services and solutions, announces that, so far
this year, it has repurchased 0.8 million ordinary shares for a
total consideration of €27 million. These repurchases have been
made as part of the three year (2016-2018) share buyback program
announced in February 2016. Under this program, Wolters Kluwer
intends to repurchase shares for up to €600 million, including
anti-dilution share repurchases.
The repurchased shares are added to and held as
treasury shares, which total 9.2 million. In accordance with
regulatory requirements to report a holding when it equals or
exceeds 3%, the company has notified the Dutch Authority Financial
Markets.
About Wolters
Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in professional
information services and solutions for professionals in the health,
tax and accounting, risk and compliance, finance and legal sectors.
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 2015 annual revenues of
€4.2 billion. The company, headquartered in Alphen aan den Rijn,
the Netherlands, serves customers in over 180 countries, maintains
operations in over 40 countries, and employs 19,000 people
worldwide.
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 program. The ADRs are traded on the over-the-counter market
in the U.S. (WTKWY).
For more information about our solutions and
organization, visit www.wolterskluwer.com, follow us on Twitter,
Facebook, LinkedIn, and YouTube.
Media |
Investors/Analysts |
Annemarije Pikaar |
Meg
Geldens |
Corporate
Communications |
Investor
Relations |
t + 31
(0)172 641 470 |
t + 31
(0)172 641 407 |
info@wolterskluwer.com |
ir@wolterskluwer.com |
Forward-looking
Statements
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.
PDF version of Press
Release
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Wolters Kluwer NV via Globenewswire
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