Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 386,001 shares in the period July 30, 2018 to August 3, 2018. The shares were repurchased at an average price of EUR 23.57 per share and an aggregate amount of EUR 9.1 million.
These repurchases were made as part of the company’s repurchase program, which was announced on July 30, 2018. The purpose of the program is to reduce the company’s capital.
Details on the share buyback transactions can be found here.
Signify Investor Relations
Robin Jansen
Tel: +31 20 60 91000
E-mail: robin.j.jansen@signify.com
Signify Media Relations
Neil Pattie
Tel: +31 6 1508 4817
E-mail: neil.pattie@signify.com
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2017 sales of EUR 7.0 billion, we currently employ approximately 30,000 employees and have a presence in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. News from Signify is located at the Newsroom, Twitter and LinkedIn. Information for investors can be found on the Investor Relations page.