Universal Music Completes $570 Million Share Buyback Program Ahead of Q2 2026 Earnings Release

The Euronext Amsterdam building. Photo Credit: Bootuitjes
Roughly four months and 26.7 million shares later, Universal Music Group (UMG) has officially completed its €500 million (currently $568.5 million) stock buyback program.
Having provided weekly repurchase updates from the outset, UMG confirmed hitting the €500 million mark and wrapping the program in a formal release today. Between July 20th and the 24th, the major bought 634,455 shares at an average of $20.63/€18.14 a pop,