Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 586,618 shares in the period November 26, 2018 to November 30, 2018. The shares were repurchased at an average price of EUR 23.03 per share and an aggregate amount of EUR 13.5 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 9,023,678 shares for a total consideration of EUR 206 million.
Details on the share buyback transactions can be found here.