AMSTERDAM, 24-8-2015 — /EuropaWire/ — Royal Philips (NYSE:PHG, AEX:PHIA) announced today that it has notified the Netherlands Authority for the Financial Markets (AFM) that it currently holds 3.01 percent of its own issued shares. This holding of Philips consists of shares that have been acquired for cancellation purposes under Philips’ current EUR 1.5 billion share repurchase program that started on October 21, 2013, and shares that are held to cover for obligations resulting from Philips’ existing long-term incentive plans.
For further information, please contact:
Philips Investor Relations
Tel.: +31 20 5977447
Philips Group Communications
Tel.: +31 6 11 743 211
About Royal Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a diversified health and well-being company, focused on improving people’s lives through meaningful innovation in the areas of Healthcare, Consumer Lifestyle and Lighting. Headquartered in the Netherlands, Philips posted 2014 sales of EUR 21.4 billion and employs approximately 106,000 employees with sales and services in more than 100 countries. The company is a leader in cardiac care, acute care and home healthcare, energy efficient lighting solutions and new lighting applications, as well as male shaving and grooming and oral healthcare. News from Philips is located at www.philips.com/newscenter.