Archive - Share repurchase program

Share reduction programs in 1999 and 2000

Both share capital and the share premium account of Philips have been influenced by the share reduction programs of 1999 and 2000, which have been completed in June 1999 and August 2000 respectively.

 

In accordance with the share reduction program of 2000, the share capital of Philips has been reduced by 3% and EUR 1.26 of share capital was returned to the shareholders.

 

In accordance with the share reduction program of 1999, the share capital of Philips has been reduced by 8% and EUR 4.12 (original payment was NLG 9.07) of share capital was returned to the shareholders.