Philips Stock Surges: 6M Share Buyback & 3D Tech Boost!
Wednesday, Jun 4, 2025 10:50 am ET1min read
PHG--
Koninklijke PhilipsPHG-- N.V. rose 1.34% in intraday trading, with the company announcing a share repurchase program of up to 6 million shares to cover long-term incentives. Additionally, Philips launched intelligent 3D imaging in Europe to empower faster stroke care, helping physicians save time, brain, and lives. The company's latest release of SmartCT delivers fast, intelligent 3D imaging in the Angio suite, supporting faster, more informed decision-making in the treatment of stroke and other neurovascular conditions.
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