Press Release
Signify starts share repurchase program of up to 2 million shares to cover performance share plans
Eindhoven,
The program will start on
Signify will hold the repurchased shares in treasury until employee share awards are vested. The program will be executed by an intermediary to allow for share repurchases in the open market during both open and closed periods. The program will be executed within the limits of relevant laws and regulations and the authority granted by the Annual General Meeting of Shareholders on
Signify will update the market on the progress of the share repurchase program in weekly press releases. This information will also be published on the company’s website.
--- END ---
For further information, please contact:
Signify Investor Relations
Tel: +31 6 1801 7131
E-mail: thelke.gerdes@signify.com
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 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
Attachment
- 20210225_Signify starts share repurchase program of up to 2 million shares to cover performance share plans
© OMX, source