Business Wire·Nov 10, 2026, 4:01 PM ET

Sonos Announces $150 Million Stock Repurchase Program and Completion of Previous Stock Repurchase Program

Sonos' Board of Directors authorized a new common stock repurchase program of up to $150 million.
This authorization follows the completion of the company's previous $150 million repurchase program in the fourth quarter of fiscal 2026.
Repurchases may occur via open market transactions, privately negotiated deals, Rule 10b5-1 plans, or accelerated share repurchases.
The timing & volume of shares bought will depend on stock price, trading volume, & general business conditions.
The program has no time limit, does not obligate Sonos to buy a specific number of shares, & may be modified or discontinued at any time.
Funding for the program will come from existing cash, cash equivalents, or future cash flow.
The press release includes forward-looking statements warning of risks such as supply chain challenges, AI component demand, economic pressures, & regulatory requirements.
Sonos is headquartered in Santa Barbara, California, serves over 17 million households in 60 countries, & trades on Nasdaq under the symbol SONO.