NewsPatrolling.com: Amsterdam, 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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