Wolters Kluwer N.V. ( (NL:WKL) ) has issued an announcement.
Wolters Kluwer has announced the repurchase of 126,230 of its own ordinary shares for €17.8 million as part of its 2025 share buyback program, which aims to repurchase shares worth up to €1 billion. This initiative is expected to enhance shareholder value by reducing the number of shares outstanding, and the repurchased shares will be held 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, Netherlands, operates in over 40 countries, serving customers in more than 180 countries, and employs approximately 21,600 people worldwide. It reported annual revenues of €5.9 billion in 2024 and its shares are listed on Euronext Amsterdam.
YTD Price Performance: -11.95%
Average Trading Volume: 127,708
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €31.77B
Find detailed analytics on WKL stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com