Koninklijke Philips N.V.
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Publicatie datum
20 nov 2008 - 11:47
Statutaire naam
Koninklijke Philips N.V.
Titel
Philips completes cancellation of 38.4 million shares
Bericht
November 20, 2008
PHILIPS COMPLETES CANCELLATION OF 38.4 MILLION SHARES
Amsterdam, The Netherlands – Royal Philips Electronics (NYSE:PHG, AEX:PHI) announced today that it has completed the cancellation of in total 38,496,058 of its own shares which were acquired for cancellation during the period August 25, 2008 up to and including November 14, 2008. The average repurchase price was EUR 18.19 per share. These shares have been repurchased under the EUR 5 billion share repurchase program which Philips announced on December 19, 2007.
As a result of this cancellation, Philips' issued share capital as per today amounts to 972,411,769 shares.
For more information, please contact:
Arent Jan Hesselink
Philips Corporate Communications:
Tel: +31 20 5977415
Email: arentjan.hesselink@philips.com
About Royal Philips
Royal Philips Electronics of the Netherlands (NYSE: PHG, AEX: PHI) is a diversified Health and Well-being company, focused on improving people's lives through timely innovations. As a world leader in healthcare, lifestyle and lighting, Philips integrates technologies and design into people-centric solutions, based on fundamental customer insights and the brand promise of "sense and simplicity". Headquartered in the Netherlands, Philips employs approximately 128,000 employees in more than 60 countries worldwide. With sales of EUR 27 billion in 2007, the company is a market leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as lifestyle products for personal well-being and pleasure with strong leadership positions in flat TV, male shaving and grooming, portable entertainment and oral healthcare. 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
Datum laatste update: 28 juli 2024