Wolters Kluwer, a global leader in professional information services and solutions, announces that, so far this year, it has repurchased 0.8 million ordinary shares for a total consideration of €27 million. These repurchases have been 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.
The repurchased shares are added to and held as treasury shares, which total 9.2 million. In accordance with regulatory requirements to report a holding when it equals or exceeds 3%, the company has notified the Dutch Authority Financial Markets.
About Wolters Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in professional 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 2015 annual revenues of €4.2 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).