With its stock price still hovering around a record low – and with analysts divided about what comes next – Universal Music Group (UMG) last week repurchased more than $160 million worth of its own shares. UMG disclosed the massive buyback, specifically executed between August 10…
ReleaseFirst reported yesterday, 18:06 / 1 outlet
Universal Music Repurchased Over $160 Million Worth of Its Own Stock Last Week — But Shares Are Still Hovering Around a Record-Low Price
Single-source story
Digital Music News is the only tracked outlet reporting this. Read it at the source below.
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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 yesterday, 18:06. 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
- Yesterday, 18:06Digital Music NewsFirstUniversal Music Repurchased Over $160 Million Worth of Its Own Stock Last Week — But Shares Are Still Hovering Around a Record-Low Price