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Spotify Board Approves Increase In Share Repurchase Program

Capital Returns (Dividends / Buybacks)Company FundamentalsCorporate Guidance & Outlook

Spotify’s Board approved an additional $1.5B for its share repurchase program, lifting total authorization to about $2.223B. The step signals continued confidence in cash generation and supports EPS accretion expectations. Likely modestly positive for the stock, depending on execution pace and prevailing valuation.

Analysis

Spotify’s Board approved an additional $1.5B for its share repurchase program, lifting total authorization to about $2.223B. The step signals continued confidence in cash generation and supports EPS accretion expectations. Likely modestly positive for the stock, depending on execution pace and prevailing valuation.

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