Sirius XM agrees to repurchase $500M of its stock from Liberty Media Sirius XM (SIRI) has agreed to repurchase $500M of its common stock from Liberty Media (LMCA) as part of Siriusí share repurchase program. Liberty Media expects to continue to own over 52% of the outstanding SIRI shares after giving effect to the repurchase. The shares are expected to be purchased in three installments, of which $130M will be repurchased in November, $270M in January 2014 and $100M in April 2014.
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