On the heels of Universal Music’s latest stock buyback, Spotify has set aside a cool $1.5 billion to repurchase its own shares – for a planned overall capital deployment in excess of $2.2 billion when factoring for the remaining portion of an existing tranche. Spotify (NYSE: SPOT…
ReleaseFirst reported today, 02:06 / 1 outlet
Spotify Supersizes Its Stock Buyback Program — With a Total of Over $2.2 Billion Now Available for Share Repurchases
Single-source story
Digital Music News is the only tracked outlet reporting this. Read it at the source below.
Only one tracked outlet has this. Le Raver links to it rather than summarising it.
Coverage breakdown
1 source
1 original reporting
0 ran the press release
How this story was covered
1 tracked outlet has reported this story, first published today, 02:06. Digital Music News published first among the outlets Le Raver tracks. The one report Le Raver has classified carried original reporting. That is 1 of the 26 outlets Le Raver tracks. No other tracked outlet has covered it, so this page links out rather than summarising it.
How it unfolded
- Today, 02:06Digital Music NewsFirstSpotify Supersizes Its Stock Buyback Program — With a Total of Over $2.2 Billion Now Available for Share Repurchases