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Sirius XM Holdings ( (SIRI) ) has issued an announcement.
On September 9, 2024, Liberty Media Corporation successfully completed the spin-off of Liberty Sirius XM Holdings Inc., followed by a merger with Sirius XM Holdings Inc., streamlining the company’s structure. The move, announced in a press release, included an exchange of shares and a renaming of the companies involved. Concurrently, a substantial $1.166 billion stock repurchase program was authorized, continuing a previous initiative and signaling a commitment to shareholder value. Sirius XM Holdings Inc. is now an independent company and began trading on NASDAQ under the ticker “SIRI.”
For an in-depth examination of SIRI stock, go to TipRanks’ Stock Analysis page.