Wolters Kluwer announces that it has completed the reduction in share capital approved by shareholders at the Annual General Meeting of Shareholders held on May 8, 2024.
The company confirms that 10,000,000 ordinary shares held in treasury have now been cancelled. The total number of issued ordinary shares is therefore reduced to 238,516,153 (previously 248,516,153).
Following this cancellation, the number of shares held in treasury is now 2,345,322 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 0.98% of total issued ordinary shares.
Shares repurchased by the company are added to and held as treasury shares, to be used for capital reduction purposes through share cancellation. Part of these treasury shares may be retained and used to meet future obligations under share-based incentive schemes.