Wolters Kluwer Completes Capital Reduction

Wolters Kluwer, a leading provider of information, analytics, and digital solutions, has successfully concluded the reduction in share capital as approved by shareholders during the Annual General Meeting on May 8, 2024. The company has now cancelled 10 million ordinary shares that were held in treasury. This action has led to a decrease in the total number of issued ordinary shares, bringing the count down to 238,516,153 from the previous figure of 248,516,153. This strategic move by Wolters Kluwer aims to streamline its capital structure and enhance shareholder value. The reduction in share capital is expected to improve the company s financial ratios, making it more attractive to investors and potentially leading to a more stable and sustainable business model. The company s commitment to maintaining transparency and accountability to its shareholders is evident in this significant step towards optimizing its capital structure. The successful completion of the share capital reduction process marks a milestone in Wolters Kluwer s ongoing efforts to strengthen its financial position and ensure long-term growth and success. As the company moves forward, it will continue to focus on delivering high-quality products and services to its diverse client base, while also maintaining a strong emphasis on shareholder value and corporate governance. The reduction in share capital is a testament to Wolters Kluwer s dedication to its stakeholders and its commitment to building a resilient and prosperous future. Date: September 13, 2024 For more information, please visit: [Company Website] Contact: [Contact Information] About Wolters Kluwer: Wolters Kluwer is a global leader in providing information, analytics, and digital solutions to support decision-making in various industries. With a presence in over 100 countries, the company offers a wide range of products and services, including legal, healthcare, financial, and government solutions. Committed to innovation and excellence, Wolters Kluwer continues to drive positive change and deliver value to its customers, partners, and shareholders. (Note: The press release

Source: wallstreet-online.de
Published on 2024-09-13

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