Universal Music Repurchased Over $160 Million Worth of Its Own Stock Last Week
Universal Music Repurchased Over $160 Million Worth of Its Own Stock Last Week — But Shares Are Still Hovering Around a Record-Low Price
With its stock price still hovering around a record low – and with analysts divided about what comes next – Universal Music Group (UMG) last week repurchased more than $160 million worth of its own shares.