Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 623,942 shares in the period September 3, 2018 to September 7, 2018. The shares were repurchased at an average price of EUR 24.14 per share and an aggregate amount of EUR 15.1 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. The total number of shares repurchased under this program to date is 2,670,681 shares for a total consideration of EUR 64.2 million.
Details on the share buyback transactions can be found here.