Wolters Kluwer Update on Share Buyback Program
(Thomson Reuters ONE) -
Wolters Kluwer Update on Share Buyback Program
February 2, 2017 - Wolters Kluwer announces that, in the course of executing on
its share buyback program, the number of shares held in treasury has reached
15.1 million, or 5.00% of total issued ordinary shares. In accordance with
regulatory requirements, the company has today notified the Dutch Authority for
the Financial Markets (AFM).
Part of the shares held in treasury will be retained and used to meet
obligations under share-based incentive plans. At the 2017 Annual General
Meeting of Shareholders Wolters Kluwer will propose cancelling any or all of the
other shares held by the company or to be acquired by the company under its
share buyback program 2016-2018.
Share repurchases are being 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.
Further information on our share buyback transactions can be found on our
website www.wolterskluwer.com/investors.
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.
Elements of this press release contain or may contain inside information about
Wolters Kluwer within the meaning of Article 7(1) of the Market Abuse Regulation
(596/2014/EU).
PDF version of Press Release:
http://hugin.info/130682/R/2075386/780350.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wolters Kluwer NV via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 02.02.2017 - 10:05 Uhr
Sprache: Deutsch
News-ID 521524
Anzahl Zeichen: 4899
contact information:
Town:
Alphen aan den Rijn
Kategorie:
Business News
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