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Universal Music Group Kicks off EUR250 Million Share Buyback Plan

MT Newswires·08/06/2026 02:56:02
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02:56 AM EDT, 08/06/2026 (MT Newswires) -- Universal Music Group (UMG.AS) said Thursday it launched its additional 250 million-euro stock repurchase program. The music company will use the repurchased shares to meet obligations under its 2022 equity plan and/or to reduce share capital. The program will run through Sept. 10.