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Universal Music Group Nears Completion of €500 Million Buyback

Universal Music Group acquired 1,115,725 shares between June 29 and July 3, 2026, investing €20.59 million into the ongoing program. The Hilversum-based music giant is now within reach of its €500 million target, having spent over €485 million to reduce its circulating equity since the initiative launched in March.

Universal Music Group Nears Completion of €500 Million Buyback
Photo: Bio & News

The latest tranche of repurchases saw the company pay an average price of €18.46 per share. With this acquisition, the cumulative volume of the program reached 25,973,012 shares. The buyback, which serves as a core component of the company’s capital allocation strategy, was initially announced on March 30, 2026. The firm maintains a dedicated investor portal detailing the weekly progression of these transactions in compliance with European Market Abuse Regulations.

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