Signify share repurchase periodic update

    September 3, 2018  


    Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 296,566 shares in the period August 27, 2018 to August 31, 2018. The shares were repurchased at an average price of EUR 24.15 per share and an aggregate amount of EUR 7.2 million.


    Accordingly, Signify’s interest in its own shares has risen above 3% and as a result, the company notified the Netherlands Authority for the Financial Markets (AFM).


    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. The total number of shares repurchased under this program to date is 2,046,739 shares for a total consideration of EUR 49.2 million.


    Details on the share buyback transactions can be found here.


    For further information, please contact:


    Signify Investor Relations

    Robin Jansen

    Tel: +31 20 60 91000



    Signify Corporate Communications

    Elco van Groningen

    Tel: +31 6 1086 5519


    About Signify


    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.

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