Press Release
16 April 2025
Signify completes share repurchases to cover share-based remuneration and continues with the share repurchases for capital reduction
Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it completed the share repurchases 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.
In the period April 14 to April 15, Signify repurchased 28,138 shares. The shares were repurchased at an average price of EUR 18.40 per share and an aggregate amount of EUR 0.5 million. The total number of shares repurchased under the program to date is 1,345,537 shares for a total consideration of EUR 27.5 million.
As from April 16, the share repurchases under the share repurchase program will be allocated to the cancellation of shares.
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: [email protected]
Signify Corporate Communications
Tom Lodge
Tel: +31 6 5252 5416
E-mail: [email protected]
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.
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