Wolters Kluwer Update on Shares Held in Treasury
May 20 2019 - 3:00AM
Wolters Kluwer Update on Shares Held in Treasury
Wolters Kluwer Update on Shares
Held in Treasury
May 20, 2019 - Wolters Kluwer announces that, in the
course of executing on its share buyback program, the number of
shares held in treasury has reached 8.4 million, or 3.00% of total
issued ordinary shares (279.7 million). In accordance with
regulatory requirements, the company has notified the Dutch
Authority for the Financial Markets (AFM).
Share repurchases are being made as part of the share buyback
program announced on February 20, 2019. Under this 2019 buyback
program we intend to repurchase shares for up to €250 million
during 2019.
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.
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.
Attachment
- PDF version of Press Release
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