- Royal Philips (PHG -1.7%) has announced that it will repurchase up to 2M shares to cover certain of its obligations arising from its long-term incentive and employee stock purchase plans.
- At the current share price, the shares represent an amount of up to ~€91M.
- Philips expects to take delivery of the shares in 2023.
Philips announces plans to repurchase up to 2M shares
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Symbol | Last Price | % Chg |
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Koninklijke Philips N.V. |