Wolters Kluwer

Wolters Kluwer Completes Capital Reduction



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 it has now completed the reduction in share capital approved by shareholders at the Annual General Meeting of Shareholders held on April 19, 2018.

We are pleased to confirm that 10,600,000 ordinary shares held in treasury have now been cancelled. The total number of issued ordinary shares is therefore reduced to 279,716,860 (previously 290,316,860).

Following this cancellation, the number of shares held in treasury is now 5,705,207 and, in accordance with regulatory requirements, Wolters Kluwer has notified the Dutch Authority for the Financial Markets (AFM) of the change in its issued share capital and that it currently holds 2.0% of total issued ordinary shares.

Shares repurchased by the company are added to and held as treasury shares. Part of these treasury shares is retained and used to meet future obligations under share-based incentive schemes.

Message details

Sub-group Equities
Issuer Wolters Kluwer
Category Information
ISIN NL0000395903
Symbol WKL
Securities name Ordinary shares
Publication date October 3 2018