Wolters Kluwer Update on Shares Held in Treasury
(Thomson Reuters ONE) -
Wolters Kluwer Update on Shares Held in Treasury
April 25, 2017 - Wolters Kluwer announces that, in the course of executing on
its share buyback program, the number of shares held in treasury has reached
15.1 million, or 5.01% of total issued ordinary shares. 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 announced in February 2016. Under this program, Wolters Kluwer
intends to repurchase shares for up to ?600 million, including anti-dilution
share repurchases.
At the 2017 Annual General Meeting, Wolters Kluwer shareholders approved a
resolution to cancel for capital reduction purposes any or all of the shares
held in treasury by the company or to be acquired by the company under its share
buyback program 2016-2018. Part of the shares held in treasury will be retained
and used to meet obligations under share-based incentive plans.
Further information on our share buyback transactions can be found on our
website www.wolterskluwer.com/investors.
About Wolters Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in information services and
solutions for professionals in the health, tax and accounting, finance, risk and
compliance, and legal sectors. We help our customers make critical decisions
every day by providing expert solutions that combine deep domain knowledge with
specialized technology and services.
Wolters Kluwer reported 2016 annual revenues of ?4.3 billion. The company,
headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over
180 countries, maintains operations in over 40 countries, and employs 19,000
people worldwide.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in
the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1
American Depositary Receipt program. The ADRs are traded on the over-the-counter
market in the U.S. (WTKWY).
For more information about our solutions and organization, visit
www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.
Media Investors/Analysts
Annemarije Pikaar Meg Geldens
Corporate Communications Investor Relations
t + 31 172 641 470 t + 31 172 641 407
annemarije.pikaar(at)wolterskluwer.com ir(at)wolterskluwer.com
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.
PDF version of Press Release:
http://hugin.info/130682/R/2098407/794753.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wolters Kluwer NV via GlobeNewswire
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 25.04.2017 - 04:00 Uhr
Sprache: Deutsch
News-ID 1500199
Anzahl Zeichen: 5056
contact information:
Contact person:
Town:
Alphen aan den Rijn
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Kategorie:
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