Spotify upsizes share buyback program by USD 1.5 billion
SPOT•Spotify expands share repurchase authorization
Spotify expanded its share repurchase program by an additional USD 1.5 billion.
Total buyback authorization rose to about USD 2.22 billion, including USD 723 million remaining under the prior program.
Purchases will continue while shareholder authorization to repurchase ordinary shares remains in force, including any renewal.
Timing and volumes will depend on price, market conditions, business factors, and alternative investment opportunities. Repurchases may be suspended or discontinued at the company’s discretion.
