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.