Philips 2011 Annual Report Download - page 217

17 Investor Relations 17.2 - 17.3
Annual Report 2011 217
Period
total number of shares
purchased
average price paid per share
in EUR
total number of shares
purchased as part of publicly
announced programs
maximum EUR amount of
shares that may yet be
purchased under the
programs
January, 2011 −
February, 2011 −
March, 2011 478 22.34
April, 2011 −
May, 2011 30,957 20.11
June, 2011 −
July, 2011 6,955,000 17.27 6,955,000 1,879,859,456
August, 2011 20,320,770 14.52 20,320,770 1,584,853,914
September, 2011 5,679,001 13.06 5,678,500 1,510,666,241
October, 2011 2,002,076 14.65 2,001,787 1,481,342,489
November, 2011 6,846,807 13.97 6,846,807 1,385,696,231
December, 2011 5,673,235 15.08 5,672,976 1,300,173,760
17.3 Philips’ rating
Philips’ existing long-term debt is rated A3 (with negative
outlook) by Moody’s and A- (with negative outlook) by
Standard & Poor’s. It is our objective to manage our
financial ratios to be in line with A3 / A-. There is no
assurance that we will be able to achieve this goal and
ratings are subject to change at any time.
Credit rating summary
long-term short-term outlook
Standard and Poor’s A- A-2 Negative1)
Moody’s A3 P-2 Negative2)
1) On February 3, 2012, Standard and Poor’s decided to change their outlook
from stable to negative
2) On February 8, 2012, Moody’s decided to change their outlook from stable
to negative