InvestorsJanuary 12, 2018

Share buyback transaction details January 4-10, 2018

Wolters Kluwer today reports that it has repurchased 161,003 of its own ordinary shares in the period from January 4, 2018up to and including January 10, 2018 for €7.1 million and at an average share price of €44.36.

These share repurchases are part of the three-year share buyback program (2016-2018) originally announced on February 24, 2016. This buyback program includes repurchases made to offset performance share issuance. In 2016, we completed €200 million in share buybacks under this program. In 2017, we completed €300 million of repurchases, including an additional €100 million to mitigate the EPS dilution related to two divestments completed in 2017 (Transport Services and certain UK assets). Following completion of the divestments of Corsearch and certain Swedish assets in January 2018, we now intend to execute up to €400 million in buybacks in 2018, as we deploy the proceeds of these two most recent divestments with the aim of mitigating their dilutive effect on earnings per share. The cumulative amounts repurchased under this three-year program is now as follows:

Share Buyback program 2016-2018

Period Cumulative shares repurchased in period Total consideration (€ million)
Average share price (€)

2018 To Date 226,893 10.0 44.08
2017 7,768,288 300.0 38.62
2016 5,826,473 199.7 34.28
Total 13,821,654 509.7 36.88

Current repurchases are being executed under a third party mandate granted on September 26, 2017. Under this mandate, €50 million of share buybacks were completed in the period from November 2, 2017 up until December 31, 2017 and a further up to €50 million will be executed in the period from January 1, 2018 up to and including February 19, 2018.

Share repurchases are made within the limits of relevant laws and regulations, in particular Regulation (EU) 596/2014) and Wolters Kluwer’s Articles of Association. Repurchased shares are added to and held as Treasury shares and will be used for capital reduction purposes or to meet obligations arising from share-based incentive plans.

Further information is available on our website:

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in professional information, software solutions, and services for the healthcare, tax and accounting, financial and corporate compliance, legal and regulatory , and corporate performance and ESG sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.

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