Philips 2012 Annual Report Download - page 219

17 Investor Relations 17.2 - 17.3
Annual Report 2012 219
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, 2012 3,004,358 15.22 3,004,358 1,254,459,971
February, 2012 3,849,302 15.68 3,849,302 1,194,096,499
March, 2012 3,757,005 15.44 3,757,005 1,136,078,795
April, 2012 2,421,544 14.55 2,421,544 1,100,844,958
May, 2012 8,222,700 14.39 8,222,700 982,487,277
June, 2012 6,738,465 14.60 6,736,989 884,137,601
July, 2012 2,970,187 16.45 2,968,778 835,297,403
August, 2012 2,413,941 18.47 2,413,941 790,700,971
September, 2012 3,051,738 18.82 3,050,133 733,305,045
October, 2012 5,369,200 18.78 5,369,000 632,473,872
November, 2012 2,718,375 19.88 2,717,918 578,439,218
December, 2012 2,353,817 20.06 2,353,817 531,215,106
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 Philips’ objective to manage its
financial ratios to be in line with an A3/A- rating. There is
no assurance that Philips will be able to achieve this goal.
Ratings are subject to change at any time. Outstanding
long-term bonds and credit facilities do not have a
repetitive material adverse change clause, financial
covenants or credit rating-related acceleration
possibilities.
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 3, 2012, Moody’s decided to change their outlook from stable
to negative