May 22, 2017 / 5:35 AM / 3 months ago

BRIEF-Philips Lighting to buy back up to 1.05 million shares

May 22 (Reuters) - Philips Lighting NV:

* PHILIPS LIGHTING STARTS SHARE BUYBACK PROGRAM OF UP TO 1.05 MILLION SHARES TO COVER PERFORMANCE SHARE PLANS

* PROGRAM WILL START ON MAY 22, 2017 AND IS EXPECTED TO BE COMPLETED WITHIN THE NEXT THREE MONTHS

* THE 1.05 MILLION SHARES INTENDED TO BE BOUGHT REPRESENT APPROXIMATELY 0.7% OF THE COMPANY'S ISSUED SHARE CAPITAL Source text: philips.to/2rsltHK Further company coverage: (Gdynia Newsroom)

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