Wolters Kluwer today reported that it has repurchased 47,650 of its own ordinary shares in the period from December 29 up to and including December 30, 2016 for €1.6 million in total and at an average share price of €34.47.
These share repurchases are part of the three-year (2016-2018), up to €600 million buyback program announced on February 24, 2016. The total number of shares repurchased under the €600 million buyback program to date is 5.8 million shares for a total consideration of €200 million.
Wolters Kluwer committed itself to the repurchase of ordinary shares for a maximum total consideration of €95 million in the period November 3, 2016 up to and including December 30, 2016 for capital reduction purposes or to meet obligations arising from share based incentive plans, within the limits of relevant laws and regulations and Wolters Kluwer’s Articles of Association.
With the share buyback transactions of December 29 and 30, 2016, Wolters Kluwer has now completed this repurchase of €95 million.
Further detailed information is available:
- Download the share buyback transactions excel sheet for detailed individual transaction information.
- Weekly reports on the progress of our share repurchases.
- Overview of share buyback programs.