Signify: 650,000 shares repurchased over past week
(CercleFinance.com) - Signify (formerly Philips Lighting) said this Monday that it bought back 650,000 of its own shares last week at an average unit price of 22 euros, representing a total payout of 14.
3 million euros.
These repurchases are part of the share buyback program that was launched at the end of July and which is expected to be completed by the end of this year, for a total of up to 230 million euros, prior to their cancellation.
In all since the program was launched, the Dutch supplier of lighting solutions has bought back 8.03 million of its own shares, representing a total of 184 million euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3 million euros.
These repurchases are part of the share buyback program that was launched at the end of July and which is expected to be completed by the end of this year, for a total of up to 230 million euros, prior to their cancellation.
In all since the program was launched, the Dutch supplier of lighting solutions has bought back 8.03 million of its own shares, representing a total of 184 million euros.
Copyright (c) 2018 CercleFinance.com. All rights reserved.