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SiriusXM Confirms Quarterly Dividend, Announces $1.166B Stock Repurchase Authorization

Author: Benzinga Newsdesk | September 10, 2024 07:27am

SiriusXM plans to continue its recurring dividend, which adjusted for the 1 for 10 change in the Liberty Media transaction exchange ratio would be approximately 27 cents per quarter.

Upon completion of the Liberty Media transaction, the Board of SiriusXM authorized a $1.166 billion common stock repurchase program. The $1.166 billion common stock repurchase program is a continuation of the stock repurchase program of the former SiriusXM.

Posted In: SIRI


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