9.4 C
New York
Saturday, April 20, 2024
HomeMarkets
Markets

Wolters Kluwer 2011 Net Profit Declines 58%, Announces Buyback Program

By Insider Scoop
1
78
psw-placeholder
psw-placeholder

Courtesy of Benzinga.

Wolters Kluwer NV (OTC: WTKWY) posted a 58% drop in its 2011 net profit. It also announced its plans to launch a share buy-back of up to EUR100 million in 2012.

Wolters Kluwer’s full year net profit dropped to EUR120 million, versus EUR288 in 2010. Its revenue rose 1% to EUR3.35 billion.

Wolters Kluwer also proposed a dividend of EUR0.68 a share.

Wolters Kluwer shares closed at $18.36 yesterday.

(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

1 COMMENT

Subscribe
Notify of
1 Comment
Inline Feedbacks
View all comments

Stay Connected

157,347FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

Load more

Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities or other financial instruments mentioned in this material are not suitable for all investors. Any opinions expressed herein are given in good faith, are subject to change without notice, and are only intended at the moment of their issue as conditions quickly change. The information contained herein does not constitute advice on the tax consequences of making any particular investment decision. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation to you of any particular securities, financial instruments or strategies. Before investing, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

Contact us: support@philstockworld.com

© Copyright - PSW, LLC.

2024
1
0
Would love your thoughts, please comment.x
()
x