January share buyback transaction details 26 – February 1st, 2023
February 2, 2023 – Wolters Kluwer WKLa leading global provider of expert solutions, insights and services for professionals, today announced that it has repurchased 125,100 of its common shares for €12.4 million over the period January 26, 2023 through February 1, 2023 at an average share price of €99.52 €.
These buybacks are part of the share buyback program announced on November 2, 2022, under which we intend to buy back shares for €100 million over the period from January 2, 2023 to February 20, 2023 inclusive.
The cumulative amounts repurchased under this program to date are as follows:
Share buyback 2023
| Period | Cumulative shares repurchased during the period | overall consideration (million €) |
Average share price (€) |
| 2023 to present | 638,800 | 63.3 | 99.07 |
For the above period, we have engaged a third party to carry out €100 million in buybacks on our behalf, subject to the relevant laws and regulations (notably Regulation (EU) 596/2014) and the Company’s Articles of Association.
Shares repurchased are allocated to treasury stock and held as treasury stock and used for capital reduction purposes or to meet stock-based incentive plan obligations.
For more information, visit our website:
About Wolters Kluewer
Wolters Kluwer (WKL) is a leading global provider of specialist information, software solutions and services for the healthcare sector; taxes and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our clients make important decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported annual sales of 4.8 billion euros for 2021. The group serves customers in over 180 countries, has offices in over 40 countries and employs approximately 20,000 people…
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