Universal Music Group repurchases €71.9M in shares under buyback program

June 22, 2026 11:45 AM EDT

Universal Music Group N.V. (Euronext: UMG) repurchased 3,951,411 of its own shares between June 15 and June 19, 2026, at an average price of €18.19 per share, for a total consideration of €71,892,084.



The transactions are part of the company's €500 million share buyback program, which was announced on March 30, 2026. As of June 19, 2026, UMG has repurchased a cumulative total of 21,283,550 shares under the program for a total consideration of €399,743,018.



The company is based in Hilversum, The Netherlands, and publishes weekly updates on the progress of the buyback program on its website.


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