Wolters Kluwer Update on Share Buyback Program
(Thomson Reuters ONE) -
June 14, 2016 - Wolters Kluwer, a global leader in professional information
services and solutions, announces that, so far this year, it has repurchased
0.8 million ordinary shares for a total consideration of ?27 million. These
repurchases have been made as part of the three year (2016-2018) share buyback
program announced in February 2016. Under this program, Wolters Kluwer intends
to repurchase shares for up to ?600 million, including anti-dilution share
repurchases.
The repurchased shares are added to and held as treasury shares, which total
9.2 million. In accordance with regulatory requirements to report a holding when
it equals or exceeds 3%, the company has notified the Dutch Authority Financial
Markets.
About Wolters Kluwer
Wolters Kluwer N.V. (AEX: WKL) is a global leader in professional information
services and solutions for professionals in the health, tax and accounting, risk
and compliance, finance and legal sectors. We help our customers make critical
decisions every day by providing expert solutions that combine deep domain
knowledge with specialized technology and services.
Wolters Kluwer reported 2015 annual revenues of ?4.2 billion. The company,
headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over
180 countries, maintains operations in over 40 countries, and employs 19,000
people worldwide.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in
the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1
American Depositary Receipt program. The ADRs are traded on the over-the-counter
market in the U.S. (WTKWY).
For more information about our solutions and organization, visit
www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube.
Media Investors/Analysts
Annemarije Pikaar Meg Geldens
Corporate Communications Investor Relations
t + 31 (0)172 641 470 t + 31 (0)172 641 407
info(at)wolterskluwer.com ir(at)wolterskluwer.com
Forward-looking Statements
This report contains forward-looking statements. These statements may be
identified by words such as "expect", "should", "could", "shall" and similar
expressions. Wolters Kluwer cautions that such forward-looking statements are
qualified by certain risks and uncertainties that could cause actual results and
events to differ materially from what is contemplated by the forward-looking
statements. Factors which could cause actual results to differ from these
forward-looking statements may include, without limitation, general economic
conditions; conditions in the markets in which Wolters Kluwer is engaged;
behavior of customers, suppliers, and competitors; technological developments;
the implementation and execution of new ICT systems or outsourcing; and legal,
tax, and regulatory rules affecting Wolters Kluwer's businesses, as well as
risks related to mergers, acquisitions, and divestments. In addition, financial
risks such as currency movements, interest rate fluctuations, liquidity, and
credit risks could influence future results. The foregoing list of factors
should not be construed as exhaustive. Wolters Kluwer disclaims any intention or
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.
PDF version of Press Release:
http://hugin.info/130682/R/2020310/750323.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wolters Kluwer NV via GlobeNewswire
[HUG#2020310]
Unternehmensinformation / Kurzprofil:
Datum: 14.06.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 477460
Anzahl Zeichen: 4380
contact information:
Town:
Alphen aan den Rijn
Kategorie:
Business News
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