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    Share repurchases

    Share repurchases


    Since the IPO of Signify, the company repurchased shares for cancellation purposes and to cover obligations arising from its long-term incentive performance share plan and other employee share plans.

     

    In April 2024, Signify announced the start of a program to repurchase program to buy back up to 450,000 of its own shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans. Under this program, which has been completed on May 16, 2024, the company repurchased a total of 450,000 shares for a total consideration of EUR 11.9 million.

     

    In February 2022, Signify announced the start of a share repurchase program to buy back up to 850,000 of its own shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans. Under this program, which has been completed on March 25, 2022, the company repurchased a total of 850,000 shares for a total consideration of EUR 35.5 million.

    In February 2021, Signify announced the start of a share repurchase program to buy back up to 2 million of its own shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans. Under this program, which has been completed on May 10, 2021, the company repurchased a total of 1.7 million shares for a total consideration of EUR 72 million.
    In August 2020, Signify repurchased 1,150,000 shares for a total consideration of EUR 32.0 million to cover obligations arising from its long-term incentive performance share plan and other employee share plans.
    In June 2019, Signify repurchased 240,000 shares for a total consideration of EUR 6.2 million to cover obligations arising from its long-term incentive performance share plan and other employee share plans.
    In July 2018, Signify announced the start of a share repurchase program to buy back up to EUR 230 million of its shares to reduce the company’s capital. Under this program, which has been completed on December 7, 2018, the company repurchased a total of 9.7 million shares for a total consideration of EUR 220 million. The repurchased shares have been cancelled.
    In May 2018, Signify repurchased 1.3 million shares for a total consideration of EUR 33.2 million to cover obligations arising from its long-term incentive performance share plan and other employee share plans.

    In February 2018, Signify repurchased 2.2 million of its shares for an aggregate amount of EUR 71 million. These shares were cancelled in May 2018.

     

    In 2017, Signify repurchased 9.8 million shares from Royal Philips for an aggregate amount of EUR 272 million. These shares were cancelled. The press releases related to our share repurchases can be found on our regulatory news page.

     

    Press releases related to the repurchase program can be found on this page.

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    2017

    Share repurchases to cover performance share plans 2017

     

    Signify repurchased a total of 1.05 million shares for a total consideration of EUR 34.9 million in the period May 22, 2017 up to and including July 27, 2017. The purpose of the share repurchase was to cover obligations arising from its long-term incentive performance share plan and other employee share plans.

     

    Signify holds the repurchased shares in treasury until employee share awards vest. The program was executed by an intermediary to allow for share repurchases in the open market during both open and closed periods. It was executed within the limits of relevant laws and regulations and the authority granted by the Annual General Meeting of Shareholders on May 9, 2017.

     

    Signify has updated the market on the progress of the share repurchase program in weekly press releases. All previous transactions can be found on this page.

    Calendar & Events

     

    January 24, 2025

    Fourth quarter and full-year results 2024

     

    February 25, 2025

    Annual Report 2024

     

       

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    Contact Investor relations

    +31 20 24 55340

    IR@signify.com