Share buyback transaction details May 17-23, 2018

Wolters Kluwer today reports that it has repurchased 186,146 of its own ordinary shares in the period from May 17, 2018 up to and including May 23, 2018 for €8.7 million and at an average share price of €46.51.

These share repurchases are part of the three-year share buyback program (2016-2018) originally announced on February 24, 2016. This buyback program includes repurchases made to offset annual incentive share issuance. The cumulative amounts repurchased under this three-year program are now as follows:

As stated on February 21, 2018, we intend to execute up to €400 million in share buybacks in 2018, including €200 million to mitigate the EPS dilution related to the sale of Corsearch and certain Swedish assets. In addition, following the completion of the sale of ProVation on March 9, 2018, we also intend to deploy these proceeds of this sale (€150 million) towards additional share repurchases in 2018 and 2019 to mitigate the expected EPS dilution.

Current repurchases are being executed under a third party mandate granted on May 9, 2018. Under this mandate, €100 million of share buybacks will be executed in the period from May 10, 2018, up to and including July 30, 2018.

Share repurchases are made within the limits of relevant laws and regulations, in particular Regulation (EU) 596/2014) and Wolters Kluwer’s Articles of Association. 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.

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.