Wolters Kluwer

Wolters Kluwer Update on Shares Held in Treasury



Forward-looking Statements and Other Important Legal Information

This 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.

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 today notified the Dutch Authority for the Financial Markets (AFM).

Share repurchases are being made as part of the three-year (2016-2018) share buyback program originally announced in February 2016. This buyback program was subsequently expanded to include additional repurchases intended to mitigate dilution caused by non-core divestments made in 2017 and 2018.

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.

Message details

Sub-group Equities
Issuer Wolters Kluwer
Category Information
ISIN NL0000395903
Symbol WKL
Securities name Ordinary shares
Publication date December 21 2018