Wolters Kluwer N.V. ( (NL:WKL) ) just unveiled an announcement.
Wolters Kluwer announced the repurchase of 118,195 of its own ordinary shares for €16.9 million as part of a larger share buyback program aiming to repurchase up to €1 billion in shares during 2025. This initiative is intended to enhance shareholder value and involves holding repurchased shares as treasury shares for future capital reduction through share cancellation.
More about Wolters Kluwer N.V.
Wolters Kluwer is a global leader in providing professional information, software solutions, and services across various sectors including healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance, and ESG. The company, headquartered in Alphen aan den Rijn, the Netherlands, reported annual revenues of €5.9 billion in 2024 and serves customers in over 180 countries with approximately 21,600 employees worldwide.
YTD Price Performance: -9.87%
Average Trading Volume: 139,413
Technical Sentiment Signal: Sell
Current Market Cap: €32.59B
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