Wolters Kluwer Advances Share Buyback Program

An update from Wolters Kluwer N.V. ( (GB:0NMU) ) is now available.

Wolters Kluwer announced the repurchase of 76,532 of its own shares for €13.2 million as part of its ongoing share buyback program, which aims to repurchase €100 million worth of shares by February 24, 2025. These repurchases are part of a strategy to enhance shareholder value, with repurchased shares held as treasury shares for future capital reduction through share cancellation, reflecting the company’s commitment to maintaining strong capital allocation practices.

More about Wolters Kluwer N.V.

Wolters Kluwer is a global leader in providing professional information, software solutions, and services across several sectors including healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance, and ESG. The company reported annual revenues of €5.6 billion in 2023, operates in over 40 countries, and serves customers in more than 180 countries, employing approximately 21,400 people globally. It is headquartered in Alphen aan den Rijn, the Netherlands, with shares listed on Euronext Amsterdam and included in major indices like AEX and Euro Stoxx 50.

YTD Price Performance: 8.12%

Average Trading Volume: 130,027

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €39.27B

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