Signify Updates on Share Repurchase Activities

Signify NV ( (GB:0RHI) ) has shared an announcement.

Signify announced the repurchase of 116,151 shares between February 17 and 21, 2025, at an average price of EUR 21.20 per share, totaling EUR 2.5 million. This buyback is part of a larger share repurchase program initiated earlier in February 2025, aimed at covering obligations from long-term incentive plans and other employee share schemes, highlighting Signify’s commitment to shareholder value and employee incentives.

More about Signify NV

Signify (Euronext: LIGHT) is a global leader in lighting solutions for professionals and consumers, with a focus on the Internet of Things. The company offers products under the Philips brand and delivers services through Interact systems, driving transformation in homes, buildings, and public spaces. Signify reported sales of EUR 6.1 billion in 2024, employs approximately 29,000 people, and operates across more than 70 countries. It has been recognized for sustainability, being part of the Dow Jones Sustainability World Index for eight years and receiving the EcoVadis Platinum rating.

YTD Price Performance: 0.01%

Average Trading Volume: 90,325

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €2.7B

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