Picture of Wolters Kluwer logo

WKL — Wolters Kluwer News Story

0.000.00%
nl flag iconLast trade - 00:00
IndustrialsBalancedLarge CapHigh Flyer

Wolters Kluwer jumps following accelerated share buyback program

** Shares in Wolters Kluwer WLSNc.AS rise by 4.7%, after the company announced plans to accelerate its 2025 share buyback program, maintains FY guidance

** The Dutch information services provider now expects to conclude its 1 billion euros ($1.18 billion) 2025 share buyback program by early November, 2 months ahead of initial schedule

** "We believe this acceleration is an opportunistic move, likely in response to the recent pressure on the share price," says ING in a note

** Brokerage talks of co's strong free cash flow generation and robust balance sheet, seeing room for incremental buybacks beyond November 3

** Wolters Kluwer also reports trading performance through August remains aligned with its FY25 outlook, with slight organic growth improvements in three divisions compared to the first half of the year

** ING believe these developments support organic growth acceleration in H2 2025, reinforcing confidence in the company’s ability to meet its annual revenue growth guidance

** Stock sits at the top of Amsterdam's AEX index .AEX

($1 = 0.8450 euros)

 (Reporting by Clement Martinot)

 ((Clement.Martinot@thomsonreuters.com;))

Recent news on Wolters Kluwer

See all news