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0.0127897681854517 0.00719424460431668 0.0151878497202239 0.0151878497202239 0.00719424460431668 0.0087929656274981 0.0103916866506795 0.0215827338129497
Stock impact report

Sonos Announces $150 Million Stock Repurchase Program

Sonos, Inc. (SONO) 
Last sonos, inc. earnings: 2/5 04:05 pm Check Earnings Report
Company Research Source: Business Wire
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 $150 million. The $11 million remaining under the company’s existing $200 million repurchase program expired upon approval of the new authorization.Under the repurchase program, Sonos may purchase shares of common stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions or other means, including through Rule 10b5-1 trading plans or through the use of other techniques such as accelerated share repurchases. The timing and number of shares repurchased will depend on a variety of factors, including stock price, trading volume, and general business and market conditions. The repurchase program has no time limit, does not obligate Sonos to acquire a specified number of shares and may be modified, suspended or discontinued at any time at the company’s discretion.R Show less Read more
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