Share buyback transaction details October 25–29, 2018

Wolters Kluwer today reports that it has repurchased 134,578 of its own ordinary shares in the period from October 25, 2018 up to and including October 29, 2018 for €6.9 million and at an average share price of €51.52.

A third-party engagement to repurchase €150 million in shares starting August 2, 2018, up to and including October 29, 2018, has hereby been fulfilled.

These share repurchases are part of the three-year share buyback program (2016-2018) originally announced on February 24, 2016. This program was subsequently expanded to include additional repurchases intended to mitigate dilution caused by non-core divestments made in 2017 and early 2018. 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:

We intend to buy back a total of €550 million for the full-year 2018.

For the period starting November 1, 2018, up to and including December 27, 2018, we have engaged a third party to execute €100 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’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.