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Periodic update on transaction details related to Philips� share repurchases

July 29, 2016

  • https://www.philips.com/a-w/about/news/archive/standard/news/press/2016/20160729-periodic-update-on-transaction-details-related-to-philips-share-repurchases.html Link copied

Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today reported the transaction details related to the repurchases of its own common shares made in the period from July 22, 2016 up to and including July 28, 2016.

 These repurchases were made under the EUR 1.5 billion share repurchase program for capital reduction purposes and the repurchase program to cover long term incentive and employee share purchase plans. Further details can be found in the table below and via this link.

Date

Total number of repurchased shares

Weighted average purchased price (EUR)

July 22, 2016

210,000

23.7966

July 25, 2016

100,000

24.1510

July 26, 2016

90,000

24.3952

July 27, 2016

100,000

24.3887

July 28, 2016

150,000

24.0401

  • https://www.philips.com/a-w/about/news/archive/standard/news/press/2016/20160729-periodic-update-on-transaction-details-related-to-philips-share-repurchases.html Link copied

For further information, please contact:

Ben Zwirs

Philips Group Communications

Tel.: +31 6 15213446

E-mail: ben.zwirs@philips.com


Leandro Mazzoni

Philips Investor Relations

Tel.: +31 20 5977055

E-mail: investor.relations@philips.com

About Royal Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company, headquartered in the Netherlands, is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Philips’ health technology portfolio generated 2015 sales of EUR 16.8 billion and employs approximately 69,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

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