Spotify Supersizes Its Stock Buyback Program
Spotify Supersizes Its Stock Buyback Program — With a Total of Over $2.2 Billion Now Available for Share Repurchases
On the heels of Universal Music’s latest stock buyback, Spotify has set aside a cool $1.5 billion to repurchase its own shares – for a planned overall capital deployment in excess of $2.2 billion when factoring for the remaining portion of an existing tranche.