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Philips to extend two forward contracts for 2M incentive plan shares

Philips (PHG) announced that it intends to extend the settlement of two forward contracts for 2M long-term incentive plans shares each as part of the share repurchase program earlier announced on June 14, 2023. The planned extension will postpone the original maturity dates in Q4 by one year to a new maturity date in Q4 2026.

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