Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today reported that in the period from October 26, 2018 up to and including November 1, 2018 a total of 1,479,000 of its own common shares were repurchased, with a weighted average purchase price of EUR 32.04. These repurchases were made under the repurchase program to cover long-term incentive and employee share purchase plans, which was announced on October 22, 2018. Further details can be found via this link.*
* Details of Philips’ current EUR 1.5 billion share buyback program for capital reduction purposes, which was initiated in the third quarter of 2017, can be found via the same link.