Universal Music Group Completes Nearly $300 Million Stock Repurchase Program — But Shares Are Still Hovering Around a Record-Low Price

One month, 16.6 million shares, and north of $290 million later, Universal Music Group’s latest stock repurchase program is officially a wrap. Long in the habit of providing weekly updates on its stock buyback progress, UMG confirmed the €250 million (currently $291 million) program’s completion in a brief release. Between August 31st and September 4th, […]