Earnings call briefThird-quarter 2026
Spotify Technology says it has repurchased $1.1 billion of shares this year
Year to date, it has repurchased 2.2 million shares, which it said neutralizes this year's dilution from employee equity programs.
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Spotify Technology said on its third-quarter call that it has initiated the return of excess cash to shareholders. Since resuming buybacks in August 2025, it has repurchased about 3 million shares, or approximately 1.5% of shares outstanding.
Chief Financial Officer Christian Luiga said the company had $9.9 billion in cash and cash equivalents and no debt other than lease liabilities as of the close of the quarter.
Quotes from the call
“Year to date through October 21st, we have repurchased 2.2 million shares for $1.1 billion U.S.”
Key facts from the call
- Shares repurchased, year to date
- 2.2 million shares for $1.1 billion
- Shares repurchased since August 2025
- About 3 million, or approximately 1.5% of shares outstanding
- Cash and cash equivalents, end of quarter
- $9.9 billion
Source: Spotify Technology's third-quarter 2026 earnings call, October 22, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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