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Signify Updates on Share Repurchase Program

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Signify Updates on Share Repurchase Program

Signify NV ( (NL:LIGHT) ) has provided an update.

Signify has repurchased 135,161 shares between March 03 and March 07, 2025, at an average price of EUR 20.04 per share, totaling EUR 2.7 million. This buyback is part of a broader share repurchase program initiated in February 2025, with a total of 684,476 shares repurchased so far for EUR 14.2 million, aimed at fulfilling obligations from employee share plans.

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, with a focus on enhancing business value and transforming living spaces. With sales of EUR 6.1 billion in 2024, Signify employs around 29,000 people and operates in over 70 countries. The company is recognized for its sustainability efforts, being part of the Dow Jones Sustainability World Index for eight years and holding an EcoVadis Platinum rating.

YTD Price Performance: -1.95%

Average Trading Volume: 93,452

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €2.63B

For an in-depth examination of LIGHT stock, go to TipRanks’ Stock Analysis page.

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