Be the first! Get the latest news and updates
Suggestions

    Signify share repurchase periodic update

    September 10, 2018  

     

    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.

    For further information, please contact:

     

    Signify Investor Relations

    Robin Jansen

    Tel: +31 20 60 91000

    E-mail: robin.j.jansen@signify.com

     

    Signify Corporate Communications

    Elco van Groningen

    Tel: +31 6 1086 5519

    E-mail: elco.van.groningen@signify.com

    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.

    Street Lighting-Smart-iot

    More press releases

    • Cybersecurity Certification Awarded | Signify Company Website

      November 11, 2024

      Cybersecurity Certification Awarded | Signify Company Website

    • Signify earns EcoVadis Platinum medal, securing the highest rating for every year since its IPO

      November 07, 2024

      Signify earns EcoVadis Platinum medal, securing the highest rating for every year since its IPO

    • Signify proposes appointment of CFO Zeljko Kosanovic to Board of Management

      October 25, 2024

      Signify proposes appointment of CFO Zeljko Kosanovic to Board of Management