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Signify Announces Share Repurchase Update for February 2025

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Signify Announces Share Repurchase Update for February 2025

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The latest announcement is out from Signify NV ( (GB:0RHI) ).

Signify announced the repurchase of 111,506 shares for EUR 2.3 million between February 4 and February 7, 2025, at an average price of EUR 20.72 per share. The repurchased shares will be used to fulfill obligations under the company’s long-term incentive performance share plan and other employee share plans, reflecting a strategic move within its share repurchase program initiated on February 4, 2025.

More about Signify NV

Signify is the world leader in lighting, serving professionals, consumers, and the Internet of Things with its Philips products, Interact systems, and data-enabled services. With a presence in over 70 countries, it achieved EUR 6.1 billion in sales in 2024 and employs approximately 29,000 people. Signify is recognized for sustainability, being part of the Dow Jones Sustainability World Index for eight consecutive years and holding an EcoVadis Platinum rating.

YTD Price Performance: -3.11%

Average Trading Volume: 76,644

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €2.65B

For detailed information about 0RHI stock, go to TipRanks’ Stock Analysis page.

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