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Wolters Kluwer N.V. ( (GB:0NMU) ) has shared an announcement.
Wolters Kluwer has announced the repurchase of 79,801 of its own shares for €13.2 million as part of a €100 million share buyback program running from January 2 to February 24, 2025. This initiative reflects the company’s ongoing strategy to manage its capital structure and could potentially enhance shareholder value by reducing the number of outstanding shares, thus impacting its stock market performance and overall financial strategy.
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, and corporate performance and ESG. The company, headquartered in Alphen aan den Rijn, Netherlands, operates in over 40 countries, serves customers in more than 180 countries, and employs approximately 21,400 people worldwide. Wolters Kluwer is listed on Euronext Amsterdam and included in several indices such as the AEX, Euro Stoxx 50, and Euronext 100.
YTD Price Performance: 3.75%
Average Trading Volume: 131,552
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €37.35B
For detailed information about 0NMU stock, go to TipRanks’ Stock Analysis page.