Wolters Kluwer cancels 7.80 million shares: TD Cowen targets Wolters Kluwer stock at EUR 100.00

Published on 10/06/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 4.00 percent to EUR 3.033 billion in the first half of 2026. Wolters Kluwer stock costs EUR 69.30 on October 6, 2026 after EUR 68.40.

Trading-Floor mit Charts, Amsterdam-Blick, Wolters Kluwer N.V., NL0000395903 — Das Börsen-Editorial vom Amsterdamer Handelsraum symbolisiert die Börsennotierung von Wolters Kluwer N.V. (NL0000395903), Illustration mit AI erstellt.

Wolters Kluwer cancelled 7,800,000 treasury shares on September 18, 2026, reducing issued ordinary shares to 224,716,153, according to Finanznachrichten. TD Cowen initiated coverage with a Buy rating and a EUR 100.00 price target on September 11, 2026, as reported by MarketScreener.

Capital reduction changes share count

The cancellation removed 7.80 million ordinary shares previously held in treasury. Treasury holdings stood at 2,276,510 shares after the transaction, equal to 1.01 percent of total issued ordinary shares, the company release said through Finanznachrichten. The reduction followed shareholder approval at the May 21, 2026 annual meeting and leaves the company with a smaller issued share base.

The capital action sits alongside the ongoing buyback program. Wolters Kluwer repurchased 20,938 shares for EUR 1.4 million between September 10 and September 16, 2026, at an average price of EUR 67.22, according to MarketScreener.

First-half margin reaches 29.40 percent

Wolters Kluwer generated EUR 3.033 billion of revenue in the first half of 2026, with constant-currency growth of 4.00 percent and organic growth of 5.00 percent. Adjusted operating profit reached EUR 893.0 million, up 10.00 percent in constant currency and 9.00 percent organically, while the adjusted operating profit margin rose to 29.40 percent, according to the first-half earnings call published by Yahoo Finance.

The comparison matters because recurring revenue streams accounted for 85.00 percent of total revenue in the first half. Adjusted diluted earnings per share increased 14.00 percent in constant currency to EUR 2.83, while adjusted free cash flow rose 14.00 percent in constant currency to EUR 533.0 million, the same earnings call reported.

Analyst target stays above market price

TD Cowen's EUR 100.00 target stands EUR 30.70 above the Lang & Schwarz price of EUR 69.30, but the two figures belong to different reference points and are not combined into a return forecast. The analyst action provides a market context for the share cancellation and the company's investment in software and artificial intelligence products.

Wolters Kluwer stock trades higher

Wolters Kluwer stock was trading at EUR 69.30 at Lang & Schwarz on October 6, 2026 at 1:13 p.m. CEST, up 1.32 percent versus the Lang & Schwarz prior close of EUR 68.40 on October 5, 2026. The primary listing is on Euronext Amsterdam, where the shares trade under WKL.

The further course of trading is shown by the continuously updated real-time quote of Wolters Kluwer stock.