Sonos authorizes $150M stock repurchase program, replacing prior $200M program

Sonos Inc

Board authorized up to $150M in share repurchases; $11M remaining under prior $200M program expired.
Repurchase program has no expiration date; shares may be bought via open market, 10b5-1 plans, or accelerated repurchases.
Timing and volume depend on stock price, trading volume, and market conditions; no obligation to acquire a specific number.
Program funded from existing cash, cash equivalents, or future cash flow.

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