Wolters Kluwer's Strategic Approach to Share Buybacks
Wolters Kluwer, a distinguished leader in professional information and software solutions, has issued a detailed report addressing its recent share buyback activities. This comprehensive analysis reveals that between May 15 and May 21, a total of 211,173 ordinary shares were repurchased, amounting to €33.7 million, with an average price per share of €159.50.
Details of the Share Buyback Program
These share repurchases formed part of our broader strategy, initially outlined in February, where we set an ambitious target to buy back shares totaling €1 billion throughout the year. As of now, this initiative has witnessed commendable traction, making it an essential aspect of our financial strategy aimed at bolstering shareholder value.
Progress of the Buyback Initiatives
To date in 2025, the cumulative totals reflect 2,298,595 shares repurchased, corresponding to a total consideration of €355.9 million. The average price for these transactions stands at €154.85. Our consistent execution of this buyback program not only reinforces our commitment to shareholder returns but also reflects confidence in our long-term business strategy.
Future Plans for Share Repurchases
Looking forward, we have engaged third parties for executing additional buyback transactions, earmarking €350 million for this objective. These actions will unfold within mandated legal frameworks and regulations applicable in our operating markets, ensuring compliance while we navigate this complex landscape.
Rationale Behind Share Buyback Decisions
In the context of our operational strategies, repurchased shares are designated as treasury shares, which will subsequently be utilized for capital reduction purposes. This tactic is aimed at enhancing shareholder returns, promoting a balanced approach to long-term growth and sustainability.
Wolters Kluwer’s Commitment to Transparency
For those seeking further in-depth information about our share buyback initiatives, detailed resources are accessible. Our regular updates not only reflect current transactions but also outline our strategic direction regarding shareholder returns, proudly emphasizing our commitment to transparent communication.
About Wolters Kluwer
Wolters Kluwer stands as a pillar in the realm of information solutions dedicated to professionals in diverse sectors including healthcare, tax and accounting, legal, and corporate performance. Our expert solutions merge profound industry knowledge with cutting-edge technology, guiding our customers' crucial decision-making processes.
The company generated annual revenues of €5.9 billion, managing operations in over 40 countries and employing approximately 21,600 individuals globally. Our presence spans 180 countries, underscoring our influential footprint in the global market.
Contact Information
Direct inquiries can be made through our Global Communications or Investor Relations teams:
Media Inquiries:
Stefan Kloet
Associate Director, Global Communications
Email: press@wolterskluwer.com
Investor Relations:
Meg Geldens
Vice President
Email: ir@wolterskluwer.com
Frequently Asked Questions
What is the purpose of the share buyback program?
The share buyback program aims to enhance shareholder value by repurchasing shares, thereby reducing the total number of shares in circulation.
How many shares has Wolters Kluwer repurchased to date?
The company has repurchased a total of 2,298,595 shares in the current fiscal year under the ongoing program.
What is the average price of shares repurchased?
The average price paid for shares repurchased to date is €154.85.
When did the buyback program initiation take place?
The buyback program was initially announced in February, with a commitment to repurchase shares totaling up to €1 billion within the year.
Are there plans for future repurchases?
Yes, the company has plans for further repurchases and has allocated €350 million for buyback executions through third parties, ensuring adherence to relevant regulations.
