The lighting industry is not growing and Signify has been underperforming its peers in recent years. As market leader and taking Signify’s innovative DNA into account the lack of growth is unacceptable. We want the company to prioritize long term growth over short term shareholder returns and change its capital allocation policy accordingly. We therefore downgrade our rating from Outperform to Neutral and our target price from € 42 to € 26.
Signify share repurchase period update Press ReleaseJuly 07, 2025Signify share repurchase period update Eindhoven, the Netherlands – (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 108,340 shares in the period June 30 to July 04, 2025. The shares were repurchased at an average price of EUR 22.53 per share and an aggregate amount of EUR 2.4 million. Signify will use these repurchased shares to reduce the company’s capital.The repurchases were made as part of the company’s share repurchase program, which was announced on . The total number of shares r...
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