Koninklijke Philips N.V.
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Publicatie datum
28 jun 2007 - 17:32
Statutaire naam
Koninklijke Philips N.V.
Titel
Philips notifies financial authorities of increase in shares held
Bericht
June 28, 2007
PHILIPS NOTIFIES FINANCIAL AUTHORITIES OF INCREASE IN SHARES HELD
Amsterdam, The Netherlands – Royal Philips Electronics (NYSE: PHG, AEX: PHI) today notified the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten or ‘AFM’) that the company’s holding in Philips shares has exceeded 5 percent of Philips’ total issued shares. Philips informed the AFM in accordance with Dutch law, which states that shareholders are to inform the AFM whenever their shareholding in a Dutch listed company exceeds the 5 percent threshold.
As of the close of business on June 27, 2007, Philips held approximately 57.3 million Philips shares, or approximately 5.02 percent of the company’s issued shares. On January 9, 2007, Philips announced the start of a EUR 1.63 billion share repurchase program for capital reduction purposes to complete the return of a total of EUR 4 billion to its shareholders.
For more information, please contact:
Arent Jan Hesselink
Philips Corporate Communications:
Tel: +31 20 59 77415
Email: arentjan.hesselink@philips.com
About Royal Philips Electronics
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a global leader in healthcare, lifestyle and technology, delivering products, services and solutions through the brand promise of “sense and simplicity”. Headquartered in the Netherlands, Philips employs approximately 124,300 employees in more than 60 countries worldwide. With sales of EUR 27 billion in 2006, the company is a market leader in medical diagnostic imaging and patient monitoring systems, energy efficient lighting solutions, personal care and home appliances, as well as consumer electronics. News from Philips is located at www.philips.com/newscenter.
Forward-looking statements
This release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of Philips and certain of the plans and objectives of Philips with respect to thes
Datum laatste update: 27 juli 2024