Wolters Kluwer today reports that it has repurchased 77,988 of its own ordinary shares in the period from June 15, 2017 up to and including June 21, 2017 for €3.1 million and at an average share price of €39.30.
These share repurchases are part of the three-year (2016-2018), up to €600 million buyback program announced on February 24, 2016. The cumulative number of shares repurchased under this three-year program is as follows:
| Period | Cumulative shares repurchased in period | Total consideration (€ million) | Average share price (€) |
| 2017 to date | 3,427,653 | 128.7 | 37.54 |
| 2016 | 5,826,473 | 199.7 | 34.28 |
| Total | 9,254,126 | 328.4 | 35.49 |
Current share repurchases are made on behalf of Wolters Kluwer by a third party to whom we have given a mandate to buy up to a maximum of €50 million in ordinary shares in the period from May 11, 2017 up to and including July 25, 2017.
Further information is available on our website:
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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