Author: eldonthigpen

Philips completes cancellation of 33.5 million shares

. These shares were acquired through open market purchases in the fourth quarter of 2021. In the third quarter of 2021, Philips had already entered into a number of forward transactions, covering approximately half of this program, with settlement dates in 2022, 2023 and 2024. Further details on Philips’ current repurchase program and previous programs can be found here. * For capital reduction purposes About Royal Philips Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being, and enabling better outcomes across the health continuum – ... Read more