Signify share repurchase period update
03 March 2025 - 11:00PM
UK Regulatory
Signify share repurchase period update
Press Release
March 03, 2025
Signify share repurchase period update
Eindhoven, the Netherlands – Signify (Euronext:
LIGHT), the world leader in lighting, today announced that it has
repurchased 185,487 shares in the period February 24 to February
28, 2025. The shares were repurchased at an average price of
EUR 21.01 per share and an aggregate amount of EUR 3.9
million. Signify will use these repurchased shares to cover
obligations arising from Signify’s long-term incentive performance
share plan and other employee share plans.
The repurchases were made as part of the company’s share
repurchase program, which was announced on February 4, 2025. The
total number of shares repurchased under this program to date is
549,315 shares for a total consideration of EUR 11.5
million.
Details on the share buyback transactions can be found here.
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For further information, please contact:
Signify Investor Relations
Thelke Gerdes
Tel: +31 6 1801 7131
E-mail: thelke.gerdes@signify.com
Signify Corporate
Communications
Tom Lodge
Tel: +31 6 5252 5416
E-mail: tom.lodge@signify.com
About Signify
Signify (Euronext: LIGHT) is the world leader in lighting for
professionals, consumers and the Internet of Things. Our Philips
products, Interact systems and data-enabled services deliver
business value and transform life in homes, buildings and public
spaces. In 2024, we had sales of EUR 6.1 billion, approximately
29,000 employees and a presence in over 70 countries. We unlock the
extraordinary potential of light for brighter lives and a better
world. We have been in the Dow Jones Sustainability World Index
since our IPO for eight consecutive years and have achieved the
EcoVadis Platinum rating for five consecutive years, placing
Signify in the top one percent of companies assessed. News from
Signify can be found in the Newsroom, on X, LinkedIn and Instagram.
Information for investors is located on the Investor Relations
page.
- 20250303-signify-share-repurchase-periodic-update
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