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Universal Music Group N.V. Nears Completion of Buyback Target

Universal Music Group N.V. repurchased 3,951,411 shares between June 15 and June 19, 2026, spending 71.89 million euros. This latest transaction pushes the company closer to its 500 million euro buyback target, with total capital deployed under the current program now reaching nearly 400 million euros.

Universal Music Group N.V. Nears Completion of Buyback Target
Photo: Bio & News

The music giant executed these trades at an average price of 18.19 euros per share. Since the initiation of the buyback program on March 30, 2026, the company has successfully acquired 21,283,550 shares. Total expenditures for the initiative currently stand at 399,743,018 euros, leaving approximately 100 million euros remaining from the initial authorization. These disclosures satisfy reporting requirements under the EU Market Abuse Regulation.

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