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Wolters Kluwer accelerates 2025 share buyback; reiterates guidance
Globenewswire·2025-09-17 16:20

Core Viewpoint - Wolters Kluwer is accelerating its existing €1 billion share buyback program, now expected to be completed by November 3, 2025, reflecting management's confidence in the company's long-term growth prospects and commitment to enhancing sustainable value for stakeholders [2][3]. Group 1: Share Buyback Program - The Executive Board has decided to accelerate the execution of the €1 billion share buyback program due to recent developments in the company's share price [2]. - As of September 17, 2025, €731 million of the buyback program has been executed, with €269 million remaining to be repurchased in the seven weeks from September 18 to November 3, 2025 [3]. - The share buyback will be conducted by a third party within legal limits, and repurchased shares will be held as treasury shares for future obligations [3]. Group 2: Financial Performance - Year-to-date performance across all five divisions is in line with the full-year 2025 outlook, with a slight improvement in organic growth observed in July and August, particularly in the Health, Tax & Accounting, and Corporate Performance & ESG divisions [4]. Group 3: Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion in 2024 and operates in over 40 countries, employing approximately 21,900 people [5]. - The company provides professional information solutions and services across various sectors, including healthcare, tax and accounting, and corporate compliance [5].