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Jun 4, 2026, 11:06 am61 pts
The WrapUniversal Music Group has repurchased €250 million ($290.8 million) worth of its stock from Bill Ackman’s Pershing Square. The company bought 14,156,285 shares priced at €17.66 ($20.48) apiece. UMG said that the repurchased shares were executed outside of its existing €500 million share buyback program,…
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