Philips completes cancellation of 82.3 million shares

Royal Philips Electronics (NYSE:PHG, AEX:PHIA) today announced that it has completed the cancellation of 82,364,590 of its own shares, which were acquired for cancellation during the period July 18, 2011 up to and including September 14, 2012. The average repurchase price was EUR 15.03 per share. These shares have been repurchased under the EUR 2 b…
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