John Wiley & Sons (WLY) AGM 2026 summary

Opening remarks and agenda

• Meeting called to order at 8:00 A.M. Eastern, marking the 64th annual gathering and 219 years of company history.

• Agenda included voting on nine directors, ratification of auditors for fiscal 2027, and an advisory vote on executive compensation.

• Recognition given to Mari Baker for 15 years of board service as she steps down.

Board and executive committee updates

• Board and executive team introduced, including CEO, General Counsel, and Inspector of Elections.

• Confirmation of proper meeting notice and quorum established as of July 31, 2026.

Financial performance review

• Fiscal 2026 marked as a breakout year with 25% growth in article submissions and 11% output growth.

• AI revenue reached $49 million, recurring AI revenue grew eightfold, and free cash flow increased 55% to $195 million.

• $174 million returned to shareholders, including a record $100 million in share repurchases.

• Research publishing grew 12% in Q1 fiscal 2027, with submissions up 31% and customer retention above 99%.

• Dividend raised for the 33rd consecutive year.