Sirius XM Radio Inc (SIRI) Announces Additional $2B Buyback – ValueWalk Premium
Sirius XM

Sirius XM Radio Inc (SIRI) Announces Additional $2B Buyback

Sirius XM Radio Inc (NASDAQ:SIRI) has announced an additional $2 billion buyback of its own stock today.The buyback is the same size as the one that the satellite radio provider announced in December of 2012. Estimates suggest that the company has already bought back $1.6 billion of its own stock and will buy back the balance in the coming months before that agreement expires.

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