Universal Music Group repurchased 14.1 million shares from Bill Ackman's funds in June 2026. The process began with the buyback of 2,932,101 shares between June 1 and June 5, followed by the completion of a 7 million share repurchase by June 15. The total cost of the share buyback program amounted to 126.4 million euros.
The entertainment giant completed a significant share buyback of 3.95 million shares at a total cost of 71.9 million euros to optimize its capital structure.
Read the full storyThe music entertainment giant has finalized a significant buyback of 7 million shares to enhance shareholder value and capital structure.
The music giant repurchased 2.9 million shares in early June as part of its €500 million program to return capital to investors.
The music giant repurchased over 14 million ordinary shares from Pershing Square Funds to optimize its capital structure.