Signify NV ( (GB:0RHI) ) just unveiled an announcement.
Signify announced the repurchase of 185,487 shares between February 24 and February 28, 2025, at an average price of EUR 21.01 per share, totaling EUR 3.9 million. This buyback is part of a broader share repurchase program initiated on February 4, 2025, with a total of 549,315 shares repurchased for EUR 11.5 million. The repurchased shares will support Signify’s long-term incentive performance share plan and other employee share plans, reflecting the company’s strategic focus on enhancing shareholder value and employee engagement.
More about Signify NV
Signify, listed on Euronext as LIGHT, is a global leader in lighting solutions for professionals, consumers, and the Internet of Things. The company offers Philips products, Interact systems, and data-enabled services to enhance business value and transform living spaces. With 2024 sales of EUR 6.1 billion, a workforce of approximately 29,000, and operations in over 70 countries, Signify is committed to sustainable practices, as evidenced by its inclusion in the Dow Jones Sustainability World Index for eight years and an EcoVadis Platinum rating for five years.
YTD Price Performance: -4.33%
Average Trading Volume: 94,244
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €2.58B
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