Wolters Kluwer, a global leader in professional information services and solutions, announces that, so far this year, it has repurchased 0.8 million ordinary shares for a total consideration of €27 million. These repurchases have been made as part of the three year (2016-2018) share buyback program announced in February 2016. Under this program, Wolters Kluwer intends to repurchase shares for up to €600 million, including anti-dilution share repurchases.
The repurchased shares are added to and held as treasury shares, which total 9.2 million. In accordance with regulatory requirements to report a holding when it equals or exceeds 3%, the company has notified the Dutch Authority Financial Markets.