Signify N.V. (ENXTAM:LIGHT) announces a share repurchase program. Under the program, the company will repurchase up to 450,000 shares, representing 0.4% of its issued share capital for total worth of ?11 million. The repurchased shares will be used to to cover obligations arising from its long-term incentive performance share plan and other employee share plans.

The share repurchases will held in treasury until employee share awards are vested. The program is expected to be completed in the second quarter of 2024.