Sphere Entertainment Co. Repurchases $27.5M of SPHR Class A Shares at Average Price of $43.72
Reuters
Sep 03
Sphere Entertainment Co. Repurchases $27.5M of SPHR Class A Shares at Average Price of $43.72
Sphere Entertainment Co. (NYSE: SPHR) has announced the repurchase of 629,028 units of its Class A common stock at an average price of 43.72 per unit, amounting to a total transaction value of approximately 27.5 million. The buyback, conducted from August 21, 2025, through August 29, 2025, was funded using cash on hand. This move underscores the company's confidence in the long-term growth potential of its Sphere business. Sphere Entertainment Co. has approximately 322.5 million remaining under its existing share repurchase authorization for future buybacks.
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