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Signify NV (LIGHT.AS)

LIGHT.AS on Amsterdam Stock Exchange

21.05EUR
15 Oct 2018
Change (% chg)

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792,211
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€33.69
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€20.21

Latest Key Developments (Source: Significant Developments)

Signify Starts 230 Million Euros Share Repurchase Program
Monday, 30 Jul 2018 02:00am EDT 

July 30 (Reuters) - SIGNIFY NV ::REG-SIGNIFY STARTS EUR 230 MILLION SHARE REPURCHASE PROGRAM.PROGRAM IS IN LINE WITH SIGNIFY'S ANNOUNCEMENT OF JULY 27, 2018 AND WILL START ON JULY 30, 2018..REPURCHASE PROGRAM REPRESENTS A TOTAL OF APPROXIMATELY 9.9 MILLION SHARES OR 7.2% OF COMPANY'S ISSUED SHARE CAPITAL.  Full Article

Philips Lighting Changes Name To Signify
Wednesday, 16 May 2018 04:00am EDT 

May 16 (Reuters) - PHILIPS LIGHTING NV ::REG-PHILIPS LIGHTING IS NOW SIGNIFY.TODAY LAUNCHED ITS NEW COMPANY NAME.SIGNIFY WILL CONTINUE TO USE PHILIPS BRAND FOR ITS PRODUCTS.EXPECTS NAME CHANGE TO BE IMPLEMENTED IN ALL COUNTRIES WHERE IT IS ACTIVE BY BEGINNING OF 2019.  Full Article

Koninklijke Philips announces pricing of fixed rate notes due 2024
Tuesday, 24 Apr 2018 03:08pm EDT 

April 24 (Reuters) - Koninklijke Philips NV ::KONINKLIJKE PHILIPS - ANNOUNCED PRICING OF ISSUE OF EUR 500 MILLION FIXED RATE NOTES DUE 2024 AND EUR 500 MILLION FIXED RATE NOTES DUE 2028.KONINKLIJKE PHILIPS N.V.- ISSUE PRICE FOR NOTES DUE 2024 IS 99.534% WITH A COUPON OF 0.750%, RESULTING IN A YIELD OF 0.830%.KONINKLIJKE PHILIPS N.V. - ISSUE PRICE FOR NOTES DUE 2028 IS 98.884% WITH A COUPON OF 1.375%, RESULTING IN A YIELD OF 1.496%.  Full Article

Philips Lighting repurchases shares from Royal Philips for 90 mln euros
Tuesday, 28 Nov 2017 05:36pm EST 

Nov 28 (Reuters) - Philips Lighting Nv ::Reg-Philips Lighting repurchases shares from Royal Philips for an aggregate amount of Eur 90 million.‍Repurchased 2.8 million of its shares for an aggregate amount of approximately Eur 90 million​.‍Repurchase will be financed from company's own funds​.Repurchase is part of accelerated bookbuild offering by Royal Philips to institutional investors of 17.1 million shares in co at price of Eur 32 per share.‍Royal Philips has announced that following transaction, it will no longer have control over Philips Lighting​.Repurchase ‍in line with co's previous announcement that it will return up to Eur 300 million to its shareholders over period 2017-2018​.  Full Article

Koninklijke Philips Orders For Philips Lighting Stake Sale Below 32 Euros Risk Missing Deal - bookrunner
Tuesday, 28 Nov 2017 12:50pm EST 

Nov 28 (Reuters) - KONINKLIJKE PHILIPS' BOOKRUNNER SAYS: :ORDERS FOR PHILIPS LIGHTING STAKE SALE, BELOW 32 EUROS RISK MISSING DEAL; BOOKS EXPECTED TO CLOSE 6:30PM UK TIME ‍​.  Full Article

Royal Philips says to sell 17.1 mln shares in Philips Lighting ‍​
Tuesday, 28 Nov 2017 10:59am EST 

Nov 28 (Reuters) - Koninklijke Philips NV ::ANNOUNCES LAUNCH OF ACCELERATED BOOKBUILD OFFERING OF ABOUT 17.1 MILLION SHARES IN PHILIPS LIGHTING N.V. CURRENTLY OWNED BY ROYAL PHILIPS ‍​.AS PART OF TRANSACTION, PHILIPS LIGHTING IRREVOCABLY COMMITTED TO PLACE AN ORDER IN OFFERING TO REPURCHASE 2.8 MILLION SHARES‍​.BOOK IS OPEN WITH IMMEDIATE EFFECT, TRANSACTION IS EXPECTED TO SETTLE ON FRIDAY 1 DECEMBER, 2017‍​.PHILIPS LIGHTING WILL NOT RECEIVE ANY PROCEEDS FROM THE OFFERING.TRANSACTION IS IN LINE WITH ROYAL PHILIPS' STATED OBJECTIVE TO FULLY SELL DOWN ITS STAKE IN PHILIPS LIGHTING OVER NEXT YEARS.  Full Article

‍Philips Teams With 3D Systems And Stratasys​
Monday, 27 Nov 2017 11:01am EST 

Nov 27 (Reuters) - KONINKLIJKE PHILIPS NV ::‍PHILIPS TEAMS WITH 3D PRINTING INDUSTRY LEADERS 3D SYSTEMS AND STRATASYS​.  Full Article

Koninklijke Philips ‍reiterates its targets for 2017 - 2020 period​
Thursday, 2 Nov 2017 06:06am EDT 

Nov 2 (Reuters) - KONINKLIJKE PHILIPS NV ::‍REITERATES ITS TARGETS OF 4% - 6% COMPARABLE SALES GROWTH FOR 2017 - 2020 PERIOD​.‍REITERATES ITS TARGETS OF ADJUSTED EBITA MARGIN IMPROVEMENT OF 100 BASIS POINTS ON AVERAGE ANNUALLY FOR 2017 - 2020 PERIOD​.‍EXPECTS GENERATE APPROXIMATELY EUR 1 BILLION - EUR 1.5 BILLION OF FREE CASH FLOW ANNUALLY ​.‍EXPECTS IMPROVEMENT OF RETURN ON INVESTED CAPITAL (ROIC) TO MID-TO-HIGH TEENS BY 2020​.  Full Article

Koninklijke Philips starts share repurchase program for up to 150 million euros
Monday, 30 Oct 2017 03:08am EDT 

Oct 30 (Reuters) - KONINKLIJKE PHILIPS NV ::INITIATES SHARE REPURCHASE PROGRAM FOR AN AMOUNT OF UP TO EUR 150 MILLION.‍SHARE REPURCHASE PROGRAM STARTS ON OCT 30 AND IS EXPECTED TO BE COMPLETED BEFORE DEC 31.  Full Article

Philips Lighting Q3 adjusted EBITDA up at 176 million euros
Thursday, 19 Oct 2017 01:07am EDT 

Oct 19 (Reuters) - PHILIPS LIGHTING NV ::Q3 ADJUSTED EBITA EUR ‍​176 MILLION VERSUS EUR 176 MILLION IN REUTERS POLL.REUTERS POLLS:Q3 NET IMCOME EUR 87.4 MILLION; Q3 SALES EUR 1.73 BILLION.‍Q3 SALES OF EUR 1,684 MILLION, WITH AN INCREASE IN COMPARABLE SALES OF 1.3%​.Q3 NET INCOME EUR 110‍​ MILLION VERSUS EUR 51 MILLION YEAR AGO.‍ON TRACK TO IMPROVE OUR ADJUSTED EBITA MARGIN BY 50-100 BASIS POINTS FOR FULL YEAR​.‍ ADJUSTED EBITA MARGIN GUIDANCE EXCLUDING A EUR 15 MILLION REAL ESTATE GAIN IN Q2​.‍EXPECT A STRONG FREE CASH FLOW IN Q4 BASED ON A SUBSTANTIAL REDUCTION IN INVENTORIES​.  Full Article

UPDATE 2-Signify shares rally as share buybacks outweigh cut in outlook

* Signify shares rise 8 pct after sharp drop in first half of 2018 (Adds share price and analyst reaction, more detail on Q2 results, CEO quotes)