InvestorsOctober 31, 2017

Share buyback transaction details October 26–30, 2017

Wolters Kluwer today reports that it has repurchased 109,834 of its own ordinary shares in the period from October 26, 2017 up to and including October 30, 2017 for €4.5 million and at an average share price of €41.38.

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 repurchased in period Total consideration
(€ million)
Average share price (€)
2017 To Date 6,610,795 250.0 37.82
2016 5,826,473 199.7 34.28
Total 12,437,268 449.7 36.16

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 and completed in 2017 (Transport Services and certain U.K. publishing assets). Our intention is to complete €300 million of share repurchases during 2017.

The third party engagement to repurchase €100 million in shares starting July 31, 2017 up to and including October 30, 2017, has hereby been fulfilled.

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:

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in professional information, software solutions, and services for the healthcare, tax and accounting, financial and corporate compliance, legal and regulatory , and corporate performance and ESG sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

Contacts
Paul Lyon
Paul Lyon

Senior Director, External Communications: Global Branding & Communications

Wolters Kluwer
Meg Geldens
Meg Geldens
Vice President, Investor Relations
Investor Relations
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