Wolters Kluwer, a market-leading global information services company focused on professionals, announced today the determination of the stock ratio of the dividend for 2010 as approved by the Annual General Meeting of Shareholders on April 27, 2011.
Wolters Kluwer announced that the cash or stock distribution has been fixed as follows:
- €0.67 in cash; or
- for every 24 ordinary shares (of par €0.12) one new ordinary share (of par €0.12) to be charged to the share premium reserve or if so desired to the other reserves.
The stock dividend ratio has been determined on the basis of the volume weighted average share price of Wolters Kluwer nv during the period from May 9 up to and including May 13, 2011. The cash distribution will be payable and the shares will be delivered as per May 17, 2011.