Wolters Kluwer N.V.: Share Buyback Transaction Details September 14 - 20, 2017
(Thomson Reuters ONE) -
Share Buyback Transaction Details September 14 - 20, 2017
September 21, 2017 - Wolters Kluwer today reports that it has repurchased
197,185 of its own ordinary shares in the period from September 14, 2017 up to
and including September 20, 2017 for ?7.5 million and at an average share price
of ?38.27.
These share repurchases are part of the three-year share buyback program (2016-
2018) originally announced on February 24, 2016. The cumulative number of shares
repurchased under this three-year program is as follows:
Share Buyback Program 2016-2018
+------------+-------------------------+-------------------+-------------------+
|Period | Cumulative shares|Total consideration|Average share price|
| | repurchased in period| (? million)| (?)|
+------------+-------------------------+-------------------+-------------------+
|2017 To Date| 5,544,533| 207.6| 37.45|
+------------+-------------------------+-------------------+-------------------+
|2016 | 5,826,473| 199.7| 34.28|
+------------+-------------------------+-------------------+-------------------+
|Total | 11,371,006| 407.4| 35.82|
+------------+-------------------------+-------------------+-------------------+
On February 24, 2016, we announced our intention to repurchase up to ?600
million in shares over the three-year period 2016-2018, including repurchases to
offset share issuance related to incentive programs. On July 28, 2017, we
increased this program by an additional ?100 million in order to mitigate the
earnings dilution expected from two divestments agreed in 2017.
Current share repurchases are made on behalf of Wolters Kluwer by a third party
to whom we have given a mandate to buy up to a maximum of ?100 million in
ordinary shares in the period from July 31, 2017 up to and including October
30, 2017.
Further information is available on our website:
* Download the share buyback transactions excel sheet for detailed individual
transaction information.
* Weekly reports on the progress of our share repurchases.
* Overview of share buyback programs.
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, risk and
compliance, finance 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/2135800/817268.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 N.V. via GlobeNewswire
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Datum: 21.09.2017 - 04:00 Uhr
Sprache: Deutsch
News-ID 1521570
Anzahl Zeichen: 3622
contact information:
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Town:
Alphen aan den Rijn
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