Eindhoven, the Netherlands – Philips Lighting (Euronext Amsterdam ticker: LIGHT), a global leader in lighting, today announced it has repurchased 97,381 shares in the period May 22, 2017 to May 26, 2017. The shares were repurchased at an average price of EUR 31.72 per share, and an aggregate amount of EUR 3.09 million.
These repurchases were made as part of the company’s buyback program, which was announced on May 22, 2017. Philips Lighting will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans.
Details on the share buyback transactions can be found here.