Universal Music Group starts additional €250 million share buyback

finance.yahoo.com

Universal Music Group announced Thursday it started an additional €250 million share buyback program to repurchase up to 25 million of its own shares. The program runs under existing Board authorization granted at the May 13, 2026 Annual General Meeting and was first communicated April 29. Trading decisions are delegated to a single broker, with completion expected by September 10, 2026. Repurchased shares will meet obligations under UMG's 2022 global equity plan and/or reduce share capital. The program, conducted under EU market abuse rules, may be suspended or modified anytime.


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Universal Music Group starts additional €250 million share buyback | News Minimalist