Koninklijke Philips (PHG) has released an update.
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Royal Philips has disclosed the repurchase of 68,408 of its own shares at an average price of EUR 27.37 each, to satisfy obligations from its long-term incentive plans. This move, part of a repurchase program announced on August 5, 2024, is strategically aligned with a forward transaction set for November 2026. The company, a global leader in health technology, continues to focus on innovation aimed at enhancing health and well-being.
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