Alphen aan den Rijn, Netherlands, Nov. 10, 2016 (GLOBE NEWSWIRE) -- Wolters Kluwer today reported that it has repurchased 377,871 of its own ordinary shares in the period from November 3, 2016 through November 9, 2016 for €12.4 millionin total and at an average share price of €32.86. These share repurchases are part of the three-year (2016-2018), up to €600 million buyback program announced on February 24, 2016. The total number of shares repurchased under the €600 million buyback program to date is 3.3 million shares for a total consideration of €117 million. Wolters Kluwer has committed itself to the repurchase of ordinary shares for a maximum total consideration of €95 million in the period November 3, 2016 up to and including December 30, 2016, for capital reduction purposes or to meet obligations arising from share based incentive plans, within the limits of relevant laws and regulations and Wolters Kluwer's Articles of Association. Further detailed information is available:
About Wolters KluwerWolters Kluwer N.V. (AEX:WKL) is a global leader in professional information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries, and employs 19,000 people worldwide. 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 program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).