Spotify Upsizes Share Repurchase Program by $1.5 Billion

Spotify’s Stock Up 5.5% on Fresh $1.5B Stock Buyback Program

The company, which has seen its stock fall more than 30% since it closed at record highs in June 2025, can now buy back up to $2.2 billion of its own stock.

Spotify expands its share buyback program by $1.5B, raising total authorization to around $2.2B

The company's Board of Directors approved the increase, which Spotify confirmed in a press release on Thursday (August 20). Source

Spotify increases share repurchase authorization by $1.5B (SPOT:NYSE)

Spotify (SPOT) boosts its share buyback program by $1.5B, lifting total authorization to about $2.223B.

Spotify Upsizes Share Repurchase Program by $1.5 Billion

NEW YORK--(BUSINESS WIRE)--Aug 20, 2026-