Sonos Announces $150 Million Stock Repurchase Program and Completion of Previous Stock Repurchase Program
Business Wire•10/11/2026•16:01 ET
0
Key Highlights
- ➤Sonos authorized a new $150 million common stock repurchase program
- ➤Sonos completed its previous $150 million repurchase program in fiscal 2026’s fourth quarter
- ➤Repurchases have no time limit and may be modified, suspended, or discontinued
- ➤Sonos will fund repurchases with existing cash equivalents or future cash flow
Sonos Announces $150 Million Stock Repurchase Program and Completion of Previous Stock Repurchase Program
Sonos, Inc. (Nasdaq: SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $150 million. The new authorization follows the completion of the company’s prior $150 million common stock repurchase program in the fourth quarter of fiscal 2026.
Get started
Create a free account to read the full story.