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Philips Completes Cancellation of 15.1 million Shares

Philips Completes Cancellation of 15.1 million Shares

December 19, 2023 — Amsterdam, the Netherlands (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 15,134,054 of its shares. The cancelled shares were acquired as part of the EUR 1.5 billion share repurchase program for capital reduction purposes that was announced on July 26, 2021. Philips will complete [...]