Price for UMG shares during market debut in 2021
The biggest music publisher worldwide, Universal Music Group (UMG), has had its stock market debut on September 21, 2021. The group is now listed in the Euronext Amsterdam stock exchange, and was traded at 25 euros in the morning of its market debut, which is 35 percent above the 18.5 euros per share that were the original reference point. Overall, this gives UMG a valuation of approximately 45 billion euros.