Liberty Media (LMCA) on Watch as Sirius (SIRI) Unloads $2.4B to Investors

Go back to Liberty Media (LMCA) on Watch as Sirius (SIRI) Unloads $2.4B to Investors

Analyst Says Buy Sirius (SIRI), Liberty Media (LMCA) or Both

December 7, 2012 10:18 AM EST

Yesterday morning, Sirius XM Radio (NASDAQ: SIRI) pleased investors when it announced a buyback of $2 billion in common stock and a 5 cent one-time special cash dividend. Liberty Media (NASDAQ: LMCA) owns 49.8 percent of SIRI and has "effective control", influencing shareholder friendly decisions, in the view of... More

Sirius XM Radio, Inc. (SIRI) Declares $0.05 Special Dividend; 1.8% Yield

December 6, 2012 8:05 AM EST

Sirius XM Radio, Inc. (NASDAQ: SIRI) declared a special dividend of $0.05 per share.

The dividend will be payable on December 28, 2012, to stockholders of record on December 18, 2012.

The annual yield on the dividend is 1.8 percent.

For a dividend history and other dividend-related data on Sirius XM Radio, Inc. (SIRI) click here.... More

UPDATE: Sirius XM (SIRI) Approves $2B Buyback, Special Dividend

December 6, 2012 8:03 AM EST

(Updated - December 6, 2012 8:05 AM EST)

Sirius XM Radio Inc. (NASDAQ: SIRI) today announced that its Board of Directors has approved a $2 billion common stock repurchase program. Shares of common stock may be purchased from time to time on the open market and in privately... More