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 7 up to and including May 11, 2012.
Wolters Kluwer, a global leader in professional information services, announced today the determination of the stock ratio of the dividend for 2011 as approved by the Annual General Meeting of Shareholders on April 25, 2012.
Wolters Kluwer announced that the cash or stock distribution has been fixed as follows:
- €0.68 In cash; or
- For every 19 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 N.V. during the period from May 7 up to and including May 11, 2012. The cash distribution will be payable and the shares will be delivered as per May 15, 2012.