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Wolters Kluwer Advances €100 Million Share Buyback Program

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Wolters Kluwer Advances €100 Million Share Buyback Program

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Wolters Kluwer N.V. ( (GB:0NMU) ) just unveiled an announcement.

Wolters Kluwer announced the repurchase of 73,778 ordinary shares for €13.2 million as part of its ongoing share buyback program, which aims to repurchase €100 million in shares by February 24, 2025. This initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by canceling the repurchased shares.

More about Wolters Kluwer N.V.

Wolters Kluwer is a global leader providing information, software solutions, and services for professionals in sectors such as healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance, and ESG. With 2023 annual revenues of €5.6 billion, Wolters Kluwer operates in over 40 countries, serving customers in over 180 countries. It is headquartered in Alphen aan den Rijn, the Netherlands, and its shares are listed on Euronext Amsterdam.

YTD Price Performance: 12.85%

Average Trading Volume: 104,879

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €40.93B

See more insights into 0NMU stock on TipRanks’ Stock Analysis page.

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