November 18, 2020

Sonos Announces $50 Million Stock Repurchase Program and Completion of Previous Stock Repurchase Program

SANTA BARBARA, Calif.–(BUSINESS WIRE)–Sonos, Inc. (Nasdaq: SONO) today announced that its Board of Directors has authorized a common stock repurchase program of up to $50 million. Sonos completed its previous $50 million share repurchase program during the fourth quarter of fiscal 2020 pursuant to which it purchased 3.8 million shares. Patrick Spence, Sonos CEO, commented, “This new authorization underscores the fact we’ve hit an inflection point in our business and demonstrates our commitmen

Leave Comment

Your Name *
Your Email *
Your Website
Comment *