Signify share repurchase periodic update
22 März 2021 - 01:00PM
Signify share repurchase periodic update
Press Release
March 22, 2021
Signify share repurchase periodic update
Eindhoven, the Netherlands – Signify (Euronext:
LIGHT), the world leader in lighting, today announced that it has
repurchased 125,494 shares in the period March 15 to March 19,
2021. The shares were repurchased at an average price of EUR 39,43
per share and an aggregate amount of EUR 4.9 million.
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.
The total number of shares repurchased under this program to date
is 537,341 shares for a total consideration of EUR 20.5
million.
Details on the share buyback transactions can be found here.
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For further information, please contact:
Signify Investor RelationsThelke GerdesTel: +31
6 1801 7131E-mail: thelke.gerdes@signify.com
Signify Corporate
CommunicationsElco van GroningenTel: +31 6 1086
5519E-mail: elco.van.groningen@signify.com
About SignifySignify (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 2020 sales of EUR 6.5 billion, we have approximately
38,000 employees and are present in over 70 countries. We unlock
the extraordinary potential of light for brighter lives and a
better world. We achieved carbon neutrality in 2020, have been in
the Dow Jones Sustainability World Index since our IPO for four
consecutive years and were named Industry Leader in 2017, 2018 and
2019. News from Signify is located at the Newsroom, Twitter,
LinkedIn and Instagram. Information for investors can be found on
the Investor Relations page.
- 20210322_Signify share repurchase periodic update
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