Special Lamp
Machines & Processing
Design
Smart Home
Philips Lighting announces that it intends to repurchase 2.8 million of its ordinary shares from its largest shareholder Royal Philips. Today Royal Philips announced its intention to offer approximately 17.1 million shares in Philips Lighting, currently owned by Royal Philips, to institutional investors by means of an accelerated bookbuild offering (the “Offering”). The Offering represents approximately 12% of Philips Lighting’s issued share capital. Philips Lighting will not receive any proceeds from the sale.
Working Days 8:30am-5:30pm(GTM+8)
Discover the latest trends of lighting industry