UMG repurchases 3.5 million shares in latest €500M buyback update

June 29, 2026 11:55 AM EDT

Universal Music Group N.V. (Euronext: UMG) repurchased 3,573,737 of its own shares between June 22 and June 26, 2026, at an average price of €18.32 per share, for a total consideration of €65,475,330.



The transactions are part of a €500 million share buyback program the company announced on March 30, 2026. Through June 26, 2026, UMG has repurchased a cumulative total of 24,857,287 shares under the program for a total consideration of €465,218,349.



The company publishes weekly updates on the progress of the buyback program on its investor relations website.


You May Also Be Interested In





Related Categories

Stock Buybacks

Related Entities

Stock Buyback