Global

December 22, 2017

Periodic update on transaction details related to Philips� share repurchases

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 December 13, 2017 up to and including December 21, 2017. These repurchases were made under the EUR 1.5 billion share buyback program for capital reduction purposes, which was announced on June 28, 2017. Further details can be found in the table below and via this link.*

Date

Total number of repurchased shares

Weighted average purchase price (EUR)

December 13, 2017

435,000

32.92

December 14, 2017

650,578

32.67

December 15, 2017

305,000

32.54

December 18, 2017

70,000

33.07

December 19, 2017

850,000

33.19

December 20, 2017

900,000

32.40

December 21, 2017

680,000

31.79

* The reported repurchases were executed by an intermediary to allow for buybacks in the open market during both open and closed periods. Details about the forward transactions executed earlier under this program can be found via the same link.

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. Headquartered in the Netherlands, the company 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 2016 sales of EUR 17.4 billion and employs approximately 73,000 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Click here to read moreClick here to read less

Topics

Contacts

Ben Zwirs

Ben Zwirs

Philips Global Press Office

Tel: +31 6 1521 3446

You are about to visit a Philips global content page

Continue
Ksenija Gonciarenko

Ksenija Gonciarenko

Philips Investor Relations

Tel: +31 20 59 77055

You are about to visit a Philips global content page

Continue

Press releases

Get our press releases by e-mail

You are about to visit a Philips global content page

Continue

Share on social media

  • https://www.philips.com/a-w/about/news/archive/standard/news/press/2017/20171222-periodic-update-on-transaction-details-related-to-philips-share-repurchases.html Link copied

You are about to visit a Philips global content page

Continue

Our site can best be viewed with the latest version of Microsoft Edge, Google Chrome or Firefox.