Wolters Kluwer Commences Major Share Buyback Program

Wolters Kluwer N.V. ( (GB:0NMU) ) has shared an update.

Wolters Kluwer has announced the repurchase of 82,234 ordinary shares worth €13.2 million between January 2 and January 8, 2025, as part of a larger €100 million share buyback program initiated on October 30, 2024. The repurchased shares will be held as treasury shares and are intended for capital reduction through share cancellation, which may positively impact the company’s financial structure and shareholder value.

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 reported 2023 annual revenues of €5.6 billion, serves customers in over 180 countries, operates in more than 40 countries, and employs around 21,400 people worldwide. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands, and its shares are listed on Euronext Amsterdam.

YTD Price Performance: 1.35%

Average Trading Volume: 140,423

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €36.77B

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