Global - English

Completing repurchase program

March 28, 2022

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 850,000 shares for a total consideration of EUR 35.5 million from February 24 to March 25, 2022. These repurchases were made as part of the company’s repurchase program, which was announced on February 24, 2022. Signify will use the shares to cover obligations arising from its long-term incentive performance share plans and other employee share plans.

 

In the period March 21 to March 25, 2022, the company repurchased 195,704 shares at an average price of EUR 43.15 per share and an aggregate amount of EUR 8.4m. 

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

Leanne Carmody

Tel: +31 6 3928 0201

E-mail: leanne.carmody@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 Best-in-Class World Index earned a CDP ‘A’ score for climate performance and transparency 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

  • Philips Smart Lighting brings Screen Sync and Fairy String Lights to life

    September 10, 2026

    Philips Smart Lighting brings Screen Sync and Fairy String Lights to life

  • Philips Hue expands on smart lighting with AI, immersive entertainment & design

    September 03, 2026

    Philips Hue expands on smart lighting with AI, immersive entertainment & design

  • Signify and NXTPLAY Capital partner to build the future of sport and entertainment

    August 05, 2026

    Signify and NXTPLAY Capital partner to build the future of sport and entertainment