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Sphere Entertainment Announces It has Repurchased 425,219 Shares Of Class A Common Stock At An Average Price Of $52.91, Totaling ~$22.5M

Author: Benzinga Newsdesk | September 12, 2025 07:33am

Sphere Entertainment Co. (NYSE:SPHR) (the "Company" or "Sphere Entertainment") today announced that the Company repurchased 425,219 shares of SPHR Class A common stock at an average price of $52.91 per share for an aggregate purchase price of approximately $22.5 million from September 3, 2025 through September 11, 2025. The share repurchases were funded using cash on hand.

The Company has now repurchased 1,054,247 shares of SPHR Class A common stock at an average price of $47.43 per share for an aggregate purchase price of $50 million in 2025 to-date. The Company will continue to evaluate additional opportunistic share repurchases going forward and has approximately $300 million remaining under its existing share repurchase authorization.

Posted In: SPHR

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