Wolters Kluwer N.V. 265 0 Kommentare Share Buyback Transaction Details June 21 - 27, 2018

Share Buyback Transaction Details June 21 - 27, 2018

June 28, 2018 - Wolters Kluwer today reports that it has repurchased 182,076 of its own ordinary shares in the period from June 21, 2018 up to and including June 27, 2018 for €8.7 million and at an average share price of €47.98.

These share repurchases are part of the three-year share buyback program (2016-2018) originally announced on February 24, 2016. This buyback program includes repurchases made to offset annual incentive share issuance. The cumulative amounts repurchased under this three-year program are now as follows:

Long

122,90€

Basispreis

1,80

Ask

× 7,79

Hebel

Zum Produkt

Short

159,58€

Basispreis

1,99

Ask

× 7,05

Hebel

Zum Produkt

Präsentiert von

Den Basisprospekt sowie die Endgültigen Bedingungen und die Basisinformationsblätter erhalten Sie bei Klick auf das Disclaimer Dokument. Beachten Sie auch die weiteren Hinweise zu dieser Werbung.

Share Buyback Program 2016-2018

Period	Cumulative shares repurchased in period	Total consideration (€ million)	Average share price (€)
2018 To Date	5,961,566	260.2	43.65
2017	7,768,288	300.0	38.62
2016	5,826,473	199.7	34.28
Total	19,556,327	759.9	38.86

As stated on February 21, 2018, we intend to execute up to €400 million in share buybacks in 2018, including €200 million to mitigate the EPS dilution related to the sale of Corsearch and certain Swedish assets. In addition, following the completion of the sale of ProVation on March 9, 2018, we also intend to deploy these proceeds of this sale (€150 million) towards additional share repurchases in 2018 and 2019 to mitigate the expected EPS dilution.

Current repurchases are being executed under a third party mandate granted on May 9, 2018. Under this mandate, €100 million of share buybacks will be executed in the period from May 10, 2018, up to and including July 30, 2018.

Share repurchases are made within the limits of relevant laws and regulations, in particular Regulation (EU) 596/2014) and Wolters Kluwer's Articles of Association. Repurchased shares are added to and held as Treasury shares and will be used for capital reduction purposes or to meet obligations arising from share-based incentive plans.