Sonos (SONO) Announces $150M Share Buyback
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Sonos Announces $150 Million Stock Repurchase Program
February 24, 2025 4:05 PM ESTSANTA BARBARA, Calif.--(BUSINESS WIRE)--
Sonos, Inc. (Nasdaq: SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $150 million. The $11 million remaining under the companys existing $200 million repurchase program expired upon approval of the new authorization.
Under the repurchase program, Sonos may purchase shares of common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans or through the use of other... More
