Share Buyback Transaction Details December 12 – December 18, 2024
The global leader in professional information, software solutions, and services, Wolters Kluwer (Euronext: WKL), has recently announced its share buyback transaction details for the period of December 12 to December 18, 2024. During this time frame, the company repurchased 116,200 of its own ordinary shares for €18.9 million, with an average share price of €162.95.
These repurchases are part of Wolters Kluwer’s share buyback program, which was announced on February 21, 2024. The company aims to repurchase shares worth €1 billion throughout the year 2024. The cumulative amounts repurchased in the year to date under this program are significant, with 6,580,356 shares repurchased for a total consideration of €980.7 million at an average share price of €149.03.
Wolters Kluwer has engaged third parties to execute approximately €647 million of buybacks on its behalf from May 2, 2024, to December 27, 2024, within the limits of relevant laws and regulations. The shares repurchased are added to and held as treasury shares, which will be used for capital reduction purposes through share cancellation.
For more information about Wolters Kluwer and its share buyback program, interested individuals can visit the company’s website at www.wolterskluwer.com. Wolters Kluwer is a global leader in information, software solutions, and services for professionals in various industries, including healthcare, tax and accounting, legal and regulatory, and more. The company reported annual revenues of €5.6 billion in 2023 and serves customers in over 180 countries.
It’s important to note that this report contains forward-looking statements, and Wolters Kluwer cautions that actual results may differ from these statements due to various risks and uncertainties. The company disclaims any intention or obligation to publicly update or revise any forward-looking statements.
For further details on the share buyback transactions conducted by Wolters Kluwer from December 12 to 18, 2024, you can refer to the attachment provided in the press release.
