Sonos announces $200 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 $200 million. since september 2019, the company has completed $350 million in stock repurchases, including its most recent $100 million stock repurchase program which it completed in the fourth quarter of fiscal 2023. under its most recently completed authorization, the company repurchased approximately 6.6 million shares at an.
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