Spotify to spend $1B buying its own stock
Music streaming service Spotify today said it will spend up to $1 billion between now and April 21, 2026 to repurchase its own shares. The dollar amount represents just under 2.5% of Spotify’s market cap, with the company valued at $41.06 billion this morning as its shares rose 5.1% following the repurchase news.
https://www.greenground.it/2021/08/22/spotify-to-spend-1b-buying-its-own-stock/
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