Wolters Kluwer today reports that it has repurchased 246,163 of its own ordinary shares in the period from November 15, 2018,up to and including November 21, 2018, for €12.8 million and at an average share price of €52.08.
These repurchases are part of the three-year share buyback program (2016-2018) originally announced on February 24, 2016. This program was subsequently expanded to include additional repurchases intended to mitigate dilution caused by non-core divestments made in 2017 and early 2018. The buyback program also includes repurchases made to offset annual incentive share issuance.
The cumulative amounts repurchased under this three-year program are now as follows: