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Completing repurchase program

May 11, 2021

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 1,700,000 shares for a total consideration of EUR 72.1 million from February 25 to May 10, 2021. These repurchases were made as part of the company’s repurchase program, which was announced on February 25, 2021. Signify will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans.

 

On May 10, 2021, the company repurchased 12,728 shares at an average price of EUR 50.21 per share and an aggregate amount of EUR 639,125.

Details on the share buyback transactions can be found here.

For further information, please contact:

 

Signify Investor Relations

Thelke Gerdes

Tel: +31 6 1801 7131

E-mail: thelke.gerdes@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.

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