Hipgnosis Songs Fund Valuation Continues to Slip Despite Ongoing Share-Buyback Program

Despite beginning a long-anticipated share-buyback program about three weeks ago, Hipgnosis Songs Fund (LON: SONG) has a market cap of about £1.04 billion (currently $1.18 billion) – well beneath the value assigned to its song catalog earlier in 2022. When the market closed today, Hipgnosis shares were worth GBX 85.20 apiece, or 89 cents at […]

The post Hipgnosis Songs Fund Valuation Continues to Slip Despite Ongoing Share-Buyback Program appeared first on Digital Music News.

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