Industry Aug 21, 2026
Spotify Announces New Stock Buyback Program
In short
The company, which has seen its stock fall more than 30% since it closed at record highs in June 2025, can now buy back up to $2.2 billion of its own stock.
Originally published by
Billboard
Spotify has initiated a new stock buyback program valued at $1.5 billion, potentially increasing its total buyback authorization to $2.2 billion. This announcement comes as the company's stock has experienced a decline of over 30% from its record high in June 2025. Originally reported by Billboard.