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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Koninklijke Philips NV | EU:PHIA | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 25.02 | 26.52 | 21.27 | 0.00 | 07:35:00 |
From May 2019 to May 2024
u
By Sabela Ojea
Koninklijke Philips N.V. said Monday that its balance sheet and liquidity position are strong, adding that the size of its share-buyback program remains unchanged.
Philips said that the remainder of its 1.5 billion euros ($1.7 billion) buyback program will be executed through one or more forward transactions to be entered into in the course of 2020.
"Philips aims to optimize the number of shares to be repurchased under the program, while maintaining its current liquidity position in view of the possible further impact of the COVID-19 pandemic on financial markets in 2020," it added.
Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix
(END) Dow Jones Newswires
March 23, 2020 03:44 ET (07:44 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Koninklijke Philips NV Chart |
1 Month Koninklijke Philips NV Chart |
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