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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 €1 billion share buyback program, now expected to complete by November 3, 2025, reflecting confidence in the company's long-term growth prospects and commitment to enhancing shareholder value [2][3]. Share Buyback Program - The Executive Board has decided to expedite the existing share buyback program due to recent share price developments, with €731 million already executed as of September 17, 2025, leaving €269 million to be repurchased in the remaining weeks [2][3]. - The share buyback will be conducted by a third party, adhering to relevant laws and regulations, and shares repurchased will be held as treasury shares for future obligations [3]. Financial Performance - Year-to-date performance across all divisions is in line with the 2025 guidance, with a slight improvement in organic growth noted in July and August, particularly in the Health, Tax & Accounting, and Corporate Performance & ESG divisions [4]. Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion in 2024, operates in over 40 countries, and employs approximately 21,900 people globally [5]. - The company is headquartered in Alphen aan den Rijn, Netherlands, and is listed on Euronext Amsterdam [5]. Financial Calendar - Key upcoming dates include the payment of the 2025 interim dividend on September 18, 2025, and the nine-month trading update on November 5, 2025 [7].