Share Repurchase Program

Further to its previous share repurchase programs, on December 19, 2007 Royal Philips Electronics announced another share repurchase program for capital reduction purposes for a maximum amount of EUR 5 billion.

As a consequence of this new share repurchase program, Philips has terminated its second trading line repurchase program through which EUR 820 million worth of shares were purchased out of an initially planned amount of EUR 1.63 billion.

Philips started this repurchase program as of January 2^nd 2008 and at the end of 2008 EUR 3.3 billion share repurchases or two thirds from the EUR 5.0 billion was completed. In line with our prudent financial management, we have stopped the share repurchase program in January 2009 until further notice. 

Downloadable files current program

• Overview transaction history EUR 5 billion share repurchase program 2008-2009 (MS Excel file)

Downloadable files previous programs

• Overview transaction history EUR 1.63 billion Share Repurchase Program 2007 over Second Trading Line on Euronext Amsterdam (MS Excel file)
• Overview transaction history EUR 2.5 billion share repurchase program 2006-2007 (MS Excel file)
• Overview transaction history EUR 1.5 billion share repurchase program 2005-2006 (MS Excel file)

Share Reduction Program

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.