Wolters Kluwer Completes Capital Reduction
September 27 2019 - 9:07AM
Wolters Kluwer Completes Capital Reduction
Wolters Kluwer Completes Capital
Reduction
September 27, 2019 – Wolters Kluwer announces that it
has now completed the reduction in share capital approved by
shareholders at the Annual General Meeting of Shareholders held on
April 18, 2019. We are pleased to confirm that 6,700,707 ordinary
shares held in treasury have now been cancelled. The total number
of issued ordinary shares is therefore reduced to 273,016,153
(previously 279,716,860).
Following this cancellation, the number of shares held in
treasury is now 3,437,114 and, in accordance with regulatory
requirements, Wolters Kluwer has notified the Dutch Authority for
the Financial Markets (AFM) of the change in its issued share
capital and that it currently holds 1.3% of total issued ordinary
shares.
Shares repurchased by the company are added to and held as
treasury shares. Part of these treasury shares is retained and used
to meet future obligations under share-based incentive schemes.
About Wolters KluwerWolters
Kluwer (WKL) is a global leader in professional information,
software solutions, and services for the health, tax &
accounting, governance, risk & compliance, and legal &
regulatory 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 2018 annual revenues of €4.3 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 18,600
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 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 about our solutions and organization, visit
www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn,
and YouTube.
Media |
Investors/Analysts |
Annemarije
Dérogée-Pikaar |
Meg Geldens |
Corporate
Communications |
Investor
Relations |
t + 31 172 641
470 |
t + 31 172 641
407 |
annemarije.pikaar@wolterskluwer.com |
ir@wolterskluwer.com |
Forward-looking Statements and Other Important Legal
InformationThis 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.
This press release contains information which is to be made
publicly available under Regulation (EU) 596/2014.
- PDF version of Press Release
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