Philips completes cancellation of 15.1 million shares
19 Dicembre 2023 - 3:30PM
Philips completes cancellation of 15.1 million shares
December 19, 2023Amsterdam, the
Netherlands – Royal Philips (NYSE: PHG;
AEX: PHIA) today announced that it has completed the cancellation
of 15,134,054 of its shares. The cancelled shares were acquired as
part of the EUR 1.5 billion share repurchase program for capital
reduction purposes that was announced on July 26, 2021. Philips
will complete the share repurchase program in April 2024, which is
expected to result in a further cancellation of 4.4 million shares
in Q2 2024. Philips’ current issued share capital amounts to EUR
182,703,193 representing 913,515,966 common shares.
More information is available here.
For media questions, please contact:
Elco van GroningenPhilips Global Press OfficeTel.: +31 6
81039584E-mail: elco.van.groningen@philips.com
About Royal PhilipsRoyal Philips (NYSE: PHG,
AEX: PHIA) is a leading health technology company focused on
improving people's health and well-being through meaningful
innovation. Philips’ patient- and people-centric innovation
leverages advanced technology and deep clinical and consumer
insights to deliver personal health solutions for consumers and
professional health solutions for healthcare providers and their
patients in the hospital and the home. Headquartered in the
Netherlands, the company is a leader in diagnostic imaging,
ultrasound, image-guided therapy, monitoring and enterprise
informatics, as well as in personal health. Philips generated 2022
sales of EUR 17.8 billion and employs approximately 70,700
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter.
Forward-looking statements This statement
contains certain forward-looking statements with respect to the
financial condition, results of operations and business of Philips
and certain of the plans and objectives of Philips with respect to
these items. Examples of forward-looking statements include
statements made about the strategy, estimates of sales growth,
future EBITA, future developments in Philips’ organic business and
the completion of acquisitions and divestments. By their nature,
these statements involve risk and uncertainty because they relate
to future events and circumstances and there are many factors that
could cause actual results and developments to differ materially
from those expressed or implied by these statements.
Grafico Azioni Koninklijke Philips NV (EU:PHIA)
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Da Mar 2024 a Apr 2024
Grafico Azioni Koninklijke Philips NV (EU:PHIA)
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Da Apr 2023 a Apr 2024
