Wolters Kluwer today reports that it has repurchased 65,890 of its own ordinary shares in the period from December 28, 2017 up to and including January 3, 2018 for for €2.9 million and at an average share price of €43.38.
These share repurchases are part of the three-year share buyback program (2016-2018) originally announced on February 24, 2016. This program was expanded by €100 million (to €700 million) in July 2017 in order to mitigate the earnings dilution related to two disposals completed in 2017. The share buyback program includes repurchases made to offset performance share issuance.
The cumulative number and amount of shares repurchased under this three-year program is now as follows: