Philips completes cancellation of 3.8 million shares
25 Junio 2020 - 5:00AM
Philips completes cancellation of 3.8 million shares
June 25, 2020
Amsterdam, the Netherlands – Royal Philips
(NYSE: PHG; AEX: PHIA) today announced that it has completed the
cancellation of 3,809,675 of its shares. The cancelled shares were
acquired as part of Philips’ EUR 1.5 billion share repurchase
program that started in the first quarter of 2019. Further details
on the repurchase program can be found here.
Philips’ current issued share capital amounts to EUR
178,594,560.60 representing 892,972,803 common shares.
For further information, please
contact:
Ben ZwirsPhilips Global Press OfficeTel.: +31 6 15213446E-mail:
ben.zwirs@philips.com
Derya GuzelPhilips Investor RelationsTel.: +31 20 59
77055E-mail: derya.guzel@philips.com
About Royal PhilipsRoyal 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 generated 2019 sales of EUR 19.5 billion and
employs approximately 81,000 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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