Global - English

Signify completes share repurchase program

September 1, 2020

Signify completes share repurchase program to cover performance share plans

 

Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has completed its previously announced share repurchase program.

The company repurchased a total of 1,150,000 shares for a total consideration of EUR 32.0 million from July 30 to August 31, 2020. These repurchases were made as part of the company’s repurchase program, which was announced on July 30, 2020. Signify will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans.


On August 31, 2020, the company repurchased 27,500 shares at an average price of EUR 28,39 per share and an aggregate amount of EUR 0.8 million.

Details on the share buyback transactions can be found here.

For further information, please contact:

Signify Investor Relations

Rogier Dierckx

Tel: +31 6 1138 4609

E-mail: rogier.dierckx@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. We proudly bring to market the world’s best lighting brands, from Signify, Philips, Philips Hue, Signify Interact, Signify Dynalite, Color Kinetics and many more. Our advanced products, connected systems and services unlock the extraordinary potential of light for brighter lives and a better world. In 2025, we had sales of EUR 5.8 billion, approximately 27,000 employees, and a presence in over 70 markets. We are in the Dow Jones Sustainability World Index and hold the EcoVadis Platinum rating.

 

News and updates from Signify can be found in the Newsroom, on LinkedIn and Instagram. Information for investors is located on the Investor Relations page.

More press releases

  • Signify leads lighting industry in European patent filings in 2025

    April 14, 2026

    Signify leads lighting industry in European patent filings in 2025

  • Signify earns 14 iF Design Awards

    March 18, 2026

    Signify earns 14 iF Design Awards

  • Signify launches Brighter Lives, Better World 2030: improving lives, saving energy, preserving resources

    March 09, 2026

    Signify launches Brighter Lives, Better World 2030: improving lives, saving energy, preserving resources