In This Article:
Share Buyback Transaction Details March 17 – March 29, 2023
March 30, 2023 - Wolters Kluwer (Euronext: WKL), a global leading provider of expert solutions, insights and services for professionals, today reports that it has repurchased 158,691 of its own ordinary shares in the period from March 17, 2023, up to and including March 29, 2023, for €18.1 million and at an average share price of €114.04.
These repurchases are part of the share buyback program announced on February 22, 2023, under which we intend to repurchase shares for up to €1 billion during 2023.
The cumulative amounts repurchased to date under this program are as follows:
Share Buyback 2023
| Period | Cumulative shares repurchased in period | Total consideration | Average share price |
| 2023 to date | 2,160,669 | 229.7 | 106.29 |
For the period starting February 24, 2023, up to and including April 28, 2023, we have engaged a third party to execute €160 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:
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Download the share buyback transactions excel sheet for detailed individual transaction information.
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Weekly reports on the progress of our share repurchases.
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Overview of share buyback programs.
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in professional information, software solutions, and services for the healthcare, tax and accounting, financial and corporate compliance, legal and regulator, and corporate performance and ESG 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 2022 annual revenues of €5.5 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 20,000 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).