DividendJun 2, 2026, 04:00 AM
Philips Sets 2025 Dividend Exchange Ratio at 1:26.9341 Shares
AI Summary
Royal Philips announced the exchange ratio for its 2025 dividend, setting it at 1 new common share for every 26.9341 existing shares. This ratio, based on a volume-weighted average price of EUR 22.8640, results in a gross dividend of approximately EUR 0.85 per share. The company will issue 19,964,655 new common shares, with 43.8% of shareholders electing for a cash dividend. Delivery of new shares and cash payments will commence from June 3, 2026, bringing the total issued share capital to EUR 196,576,957.40, representing 982,884,787 common shares.
Key Highlights
- Philips set the 2025 dividend exchange ratio at 1 new common share for every 26.9341 existing common shares.
- The gross dividend in shares will be approximately EUR 0.85.
- The exchange ratio was based on a volume-weighted average price of EUR 22.8640.
- Philips will issue a total of 19,964,655 new common shares.
- The aggregate cash election result for the dividend was 43.8%.
- Upon distribution, the total issued share capital will amount to EUR 196,576,957.40.
- The total number of common shares post-distribution will be 982,884,787.
Price Impact
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