Philips’ General Meeting of Shareholders approves dividend proposal
June 26 2020 - 7:00AM
Philips’ General Meeting of Shareholders approves dividend proposal
June 26, 2020
Amsterdam, the Netherlands – Royal Philips
(NYSE: PHG, AEX: PHIA) announced that today’s Extraordinary General
Meeting of Shareholders (EGM) approved the proposal to declare a
distribution of EUR 0.85 per common share against the net income
for 2019, in shares only.
The dividend timetable is as follows:
Ex-dividend date |
June 30, 2020 |
Dividend record date |
July 1, 2020 |
Announcement of ratio and number of dividend shares |
July 6, 2020 |
Payment date |
As from July 7, 2020 |
The number of share dividend rights entitled to one new common
share will be determined based on the volume-weighted average price
of all traded common shares of Koninklijke Philips N.V. at Euronext
Amsterdam on June 30, and July 1 and 2, 2020. The company will
calculate the number of share dividend rights entitled to one new
common share, such that the gross dividend in shares will be
approximately equal to EUR 0.85.
For more information about Philips’ EGM, which was held today in
Amsterdam, please click on this link.
For further information, please contact:
Ben ZwirsPhilips Global Press OfficeTel.: +31 6 15213446E-mail:
ben.zwirs@philips.com
Derya GuzelPhilips Investor RelationsTel.: +31 20 59
77055E-mail: derya.guzel@philips.com
About Royal PhilipsRoyal Philips (NYSE: PHG,
AEX: PHIA) is a leading health technology company focused on
improving people's health and enabling better outcomes across the
health continuum from healthy living and prevention, to diagnosis,
treatment and home care. Philips leverages advanced technology and
deep clinical and consumer insights to deliver integrated
solutions. Headquartered in the Netherlands, the company is a
leader in diagnostic imaging, image-guided therapy, patient
monitoring and health informatics, as well as in consumer health
and home care. Philips' health technology portfolio generated 2019
sales of EUR 19.5 billion and employs approximately 81,000
employees with sales and services in more than 100 countries. News
about Philips can be found at www.philips.com/newscenter
- June 26 2020 Philips EGM
- June 26 2020 Philips EGM_1
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