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Koninklijke Philips NV (PHG.AS)

PHG.AS on Amsterdam Stock Exchange

32.70EUR
15 Dec 2017
Change (% chg)

€0.17 (+0.54%)
Prev Close
€32.53
Open
€32.61
Day's High
€32.75
Day's Low
€32.42
Volume
3,960,880
Avg. Vol
2,918,738
52-wk High
€36.12
52-wk Low
€26.54

Latest Key Developments (Source: Significant Developments)

Koninklijke Philips Acquires Vitalhealth
Friday, 8 Dec 2017 02:10am EST 

Dec 8 (Reuters) - KONINKLIJKE PHILIPS NV ::ACQUIRES VITALHEALTH.FINANCIAL DETAILS OF TRANSACTION WERE NOT DISCLOSED.  Full Article

Philips Announces Acquisition Of Forcare‍​
Tuesday, 5 Dec 2017 02:10am EST 

Dec 5 (Reuters) - Koninklijke Philips Nv ::ACQUISITION OF INTEROPERABILITY PROVIDER FORCARE.FINANCIAL DETAILS OF THE TRANSACTION WERE NOT DISCLOSED‍​.  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

Koninklijke Philips says placing books covered
Tuesday, 28 Nov 2017 12:01pm EST 

Nov 28 (Reuters) - Koninklijke Philips Nv ::KONINKLIJKE PHILIPS - ON PHILIPS LIGHTING STAKE SALE SAYS BOOKS COVERED, PRICING GUIDANCE TO COME; BOOKS EXPECTED TO CLOSE AT SHORT NOTICE ON NOV 28 EVENING.  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 acquires Analytical Informatics in the US
Friday, 24 Nov 2017 02:08am EST 

Nov 24 (Reuters) - KONINKLIJKE PHILIPS NV ::‍EXPANDS ITS RADIOLOGY SOLUTIONS PORTFOLIO WITH ACQUISITION OF ANALYTICAL INFORMATICS, INC​.‍FINANCIAL DETAILS OF ACQUISITION WERE NOT DISCLOSED​.  Full Article

Philips Lighting partners with Baidu in China‍​
Thursday, 16 Nov 2017 07:04am EST 

Nov 16 (Reuters) - PHILIPS LIGHTING NV ::PHILIPS LIGHTING PARTNERS WITH BAIDU TO BRING CONNECTED LIGHTING TO SMART HOMES IN CHINA‍​.  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

BRIEF-Koninklijke Philips Acquires Vitalhealth

* FINANCIAL DETAILS OF TRANSACTION WERE NOT DISCLOSED Source text: http://philips.to/2BUCLjf Further company coverage: (Gdynia Newsroom)