Koninklijke Philips N.V.

Founded in 1891, Philips, also known as Koninklijke Philips N.V., is a multinational conglomerate, and one of the world’s most popular brands. Originating in Eindhoven, and now based in Amsterdam, Philips was once a leading provider of electronic goods. It has since shifted its focus to healthcare and lighting, dropping the “electronics” from its name in 2013. It has been part owner of the popular football team, PSV Eindhoven since 1913. Signify N.V., the lighting division of Philips, went public on the Euronext in 2018. The IPO helped Philips raise $800 million, with the company valued at around $3 billion. Philips stock, PHIA.NV, is available on both the Euronext and the New York Stock Exchange. Even though Philips has been a beacon of ingenuity and progress throughout its 120 years of history, all of the company’s CEOs and CFO have been men. Also, it appears that historically all of the top executives were of Dutch descent. This lack of diversity is surprising, considering that Philips has employees in over 100 countries around the world. Learn more about PHIA.NV stock and how you can trade it with your eToro account.