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Wolters Kluwer completes capital reduction | 13.09.24

PRESS RELEASE

Wolters Kluwer completes capital reduction

Alphen aan den Rijn – September 13, 2024 – Wolters Kluwer announces that it has completed the capital reduction approved by shareholders at the Annual General Meeting of Shareholders on May 8, 2024.

The Company confirms that 10,000,000 ordinary shares in the treasury have now been cancelled. The total number of ordinary shares in issue has therefore been reduced to 238,516,153 (previously 248,516,153).

Following this withdrawal, the number of treasury shares now amounts to 2,345,322 and Wolters Kluwer, in accordance with legal requirements, has notified the Netherlands Authority for the Financial Markets (AFM) of the change in issued share capital and that it currently holds 0.98% of the total number of issued ordinary shares.

Shares repurchased by the company are added to and held as treasury shares, to be used for capital reduction purposes through share cancellation. A portion of these treasury shares may be retained and used to meet future obligations under share-based incentive plans.

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About Wolters
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions, and services for professionals in healthcare; tax and accounting; financial and business compliance; legal and regulatory; business performance, and ESG. We help our customers make critical decisions every day by expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer reported annual revenues of €5.6 billion in 2023. The group serves customers in more than 180 countries, has operations in more than 40 countries and employs approximately 21,400 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the US (WTKWY).

For more information, please visit www.wolterskluwer.com, or follow us on LinkedIn, Twitter, Facebook and YouTube.

Forward-Looking Statements and Other Important Legal Information
This press release contains forward-looking statements. These statements can be identified by words such as “expect,” “would,” “could,” “will,” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from those contemplated by the forward-looking statements. Factors that could cause actual results to differ from these forward-looking statements may include, but are not limited to, general economic conditions; conditions in the markets in which Wolters Kluwer operates; conditions created by pandemics; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s business, as well as risks related to mergers, acquisitions, and divestitures. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks may affect future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Elements of this press release contain or may contain inside information about Wolters Kluwer within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU).

The trademarks mentioned are owned by Wolters Kluwer NV and its subsidiaries and may be registered in various countries.

  • 2024.09.13 Wolters Kluwer completes capital reduction