Dividends & Buybacks ·
On August 20, 2026, Spotify Technology S.A.'s Board of Directors approved an increase to its share repurchase program…
SPOTSpotify Technology S.A.
On August 20, 2026, Spotify Technology S.A.'s Board of Directors approved an increase to its share repurchase program by $1.5 billion. This addition brings the total authorization under the program to approximately $2.223 billion, given that $723 million remained available under the previous mandate. The company stated that repurchases will be executed consistent with its capital allocation strategy and may utilize various methods including open market purchases. Spotify operates in the audio streaming industry, providing music, podcast, and audiobook subscription services to hundreds of millions of users globally.