DividendJun 2, 2026, 09:27 AM
Philips Announces 2025 Dividend Exchange Ratio: 1 new share for 26.9341
AI Summary
Royal Philips has announced the exchange ratio for its 2025 dividend, setting it at 1 new common share for every 26.9341 existing common shares. This ratio was calculated to ensure a gross dividend in shares approximately equal to EUR 0.85, based on the volume-weighted average price of shares on Euronext Amsterdam. As a result, Philips will issue 19,964,655 new common shares, with 43.8% of shareholders electing for a cash dividend. The distribution of shares and cash payments will begin on June 3, 2026.
Key Highlights
- Philips announced an exchange ratio of 1 new common share for every 26.9341 existing common shares for the 2025 dividend.
- The ratio was based on a volume-weighted average price of EUR 22.8640 for Philips shares on Euronext Amsterdam.
- The gross dividend in shares will be approximately equal to EUR 0.85 per share.
- Philips will issue a total of 19,964,655 new common shares.
- The aggregate cash election result for the dividend was 43.8%.
- Delivery of new shares and cash dividend payment will commence from June 3, 2026.
- Upon distribution, the total issued share capital will be EUR 196,576,957.40, representing 982,884,787 common shares.
Price Impact
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