Periodic update on transaction details related to Philips’ share repurchases

NewsPatrolling.comAmsterdam, 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 March 9, 2018 up to and including March 15, 2018. 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)
March 9, 2018
300,000
31.83
March 12, 2018
175,000
31.96
March 13, 2018
610,566
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.

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