Philips Files Routine 6-K Report with SEC
Ticker: RYLPF · Form: 6-K · Filed: Aug 23, 2024 · CIK: 313216
Sentiment: neutral
Topics: sec-filing, routine-report, foreign-issuer
TL;DR
Philips filed a 6-K, just a standard update, nothing major to see here.
AI Summary
Royal Philips announced on August 23, 2024, that it is filing a Form 6-K report with the SEC. This filing is a routine report for foreign issuers and does not contain specific financial results or operational updates in this particular document.
Why It Matters
This filing indicates that Royal Philips is adhering to its reporting obligations as a foreign issuer with the SEC, which is standard practice for maintaining its listing and transparency.
Risk Assessment
Risk Level: low — This filing is a routine administrative report and does not contain new material financial or operational information that would typically impact risk.
Key Players & Entities
- KONINKLIJKE PHILIPS NV (company) — Registrant
- Royal Philips (company) — Registrant's English name
- August 23, 2024 (date) — Filing date
- SEC (company) — Securities and Exchange Commission
FAQ
What is the purpose of a Form 6-K filing?
A Form 6-K is a report of foreign issuer that is submitted to the SEC to provide information that the company has made or is required to make public in its home country, file or is required to file with a stock exchange, or distribute to its security holders.
What specific financial information is included in this 6-K filing?
This particular 6-K filing, as indicated by its structure and the provided text, is a routine report and does not appear to contain specific financial results or operational updates. It serves to fulfill reporting requirements.
When was this Form 6-K filed with the SEC?
This Form 6-K was filed with the SEC on August 23, 2024.
What is the jurisdiction of incorporation for Koninklijke Philips N.V.?
Koninklijke Philips N.V. is incorporated or organized in The Netherlands.
Does this filing indicate a change in reporting status for Philips?
No, this filing is a standard Form 6-K, which is the required reporting format for foreign issuers like Royal Philips under the Securities Exchange Act of 1934.
Filing Stats: 549 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-08-23 07:06:17
Filing Documents
- phg-20240823.htm (6-K) — 10KB
- visual0001.jpg (GRAPHIC) — 93KB
- visual0002.jpg (GRAPHIC) — 77KB
- 0000313216-24-000015.txt ( ) — 230KB
From the Filing
Philips - 6-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 August 23, 2024 KONINKLIJKE PHILIPS N.V. (Exact name of registrant as specified in its charter) Royal Philips (Translation of registrant’s name into English) The Netherlands (Jurisdiction of incorporation or organization) Breitner Center, Amstelplein 2, 1096 BC Amsterdam, The Netherlands (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(1): ☐ Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(7): ☐ Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ☐ No ☒ Name and address of person authorized to receive notices and communications from the Securities and Exchange Commission: M.J. van Ginneken Koninklijke Philips N.V. Amstelplein 2 1096 BC Amsterdam – The Netherlands This report comprises a copy of the following press release: “ Periodic update on transaction details related to Philips’ share repurchases ", dated August 23, 2024 . Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf, by the undersigned, thereunto duly authorized at Amsterdam, on August 23, 2024. KONINKLIJKE PHILIPS N.V. /s/ M.J. van Ginneken (Chief Legal Officer) Press information August 23, 2024 Periodic update on transaction details related to Philips’ share repurchases Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA) today reported that in the period from August 14, 2024 up to and including August 22, 2024 a total of 900,080 of its own common shares were repurchased, with a weighted average purchase price of EUR 26.36. These repurchases were made under the repurchase program to cover certain of the company’s obligations arising from its long-term incentive plans, which was announced on August 5, 2024. Since the start of the program, Philips also entered into a forward transaction with a settlement date in November 2026. Further details can be found via this link. For further information, please contact: Elco van Groningen Philips External Relations Tel.: +31 6 8103 9584 E-mail: elco.van.groningen@philips.com Dorin Danu Philips Investor Relations Tel.: +31 20 59 77055 E-mail: dorin.danu@philips.com About Royal Philips Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home. Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring, and enterprise informatics, as well as in personal health. Philips generated 2023 sales of EUR 18.2 billion and employs approximately 68,700 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.