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    Jesperi VerlickWells Fargo Securities

    Jesperi Verlick's questions to Spotify Technology SA (SPOT) leadership

    Jesperi Verlick's questions to Spotify Technology SA (SPOT) leadership • Q2 2025

    Question

    Jesperi Verlick asked about the execution timeline for the newly upsized $2 billion share buyback authorization and the broader strategy for capital use over the next 3-5 years.

    Answer

    CFO Christian Luiga emphasized that the company's first priority remains investing in growth opportunities with attractive returns. He described the buyback program as a tool to be used opportunistically for additional flexibility but did not commit to a specific timeline or amount for its utilization.

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