Share Buyback Transaction Details May 28 – June 3, 2020

Share Buyback Transaction Details May 28 – June 3, 2020

June 4, 2020 - Wolters Kluwer today reports that it has repurchased 57,190 its own ordinary shares in the period from May 28, 2020, up to and including June 3, 2020, for €4.0 million and at an average share price of €69,38.

These repurchases are part of the share buyback program announced on February 26, 2020, under which we intend to repurchase shares for up to €350 million during 2020.

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

Share Buyback 2020

Period Cumulative shares repurchased in period Total consideration(€ million) Average share price(€)
2020 to date 2,156,237 140.9 65.33

For the period starting May 7, 2020, up to and including August 3, 2020, we have engaged a third party to execute €50 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.

Repurchased shares are added to and held as treasury shares and will be used for capital reduction purposes or to meet obligations arising from share-based incentive plans.

Further information is available on our website:

  • Download the share buyback transactions excel sheet for detailed individual transaction information.
  • Weekly reports on the progress of our share repurchases.
  • Overview of share buyback programs.

About Wolters KluwerWolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and 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 2019 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 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, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.

Media                                                                 Investors/AnalystsAnnemarije Dérogée-Pikaar                               Meg GeldensCorporate Communications                               Investor Relationst + 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.

Attachment

  • 2020.06.04 Share Buyback Transactions May 28 - June 3 2020
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