$SIRI Plans 05c Dividend + 2bil Stock Buyback
Post# of 98044
Posted On: 12/16/2012 10:38:57 PM
$SIRI Plans 05c Dividend + 2bil Stock Buyback
Sirius XM Radio Inc. (SIRI) , the satellite- radio broadcaster, said it will issue a special dividend of 5 cents a share and repurchase as much as $2 billion in stock .
The special cash payout is payable Dec. 28 to stockholders of record as of Dec. 18 , the company said today in a statement.
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