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Sirius XM Holdings Inc (SIRI.O)

SIRI.O on Nasdaq

5.65USD
22 Jan 2018
Change (% chg)

$0.05 (+0.89%)
Prev Close
$5.60
Open
$5.55
Day's High
$5.72
Day's Low
$5.54
Volume
21,594,307
Avg. Vol
18,462,319
52-wk High
$5.89
52-wk Low
$4.58

Latest Key Developments (Source: Significant Developments)

SiriusXM launches two new music channels
Wednesday, 16 Aug 2017 02:00pm EDT 

Aug 16 (Reuters) - Sirius XM Holdings Inc ::Sirius XM Holdings Inc- ‍Announced launch of two full-time music channels, Turbo and Poprocks​.  Full Article

Sirius XM Radio prices add-on offering of senior notes
Wednesday, 2 Aug 2017 03:39pm EDT 

Aug 2 (Reuters) - Sirius XM Holdings Inc :Sirius XM Radio Inc. prices add-on offering of its 3.875% senior notes due 2022 and 5.000% senior notes due 2027.Sirius XM Holdings Inc - ‍subsidiary, Sirius XM Radio Inc., priced offering of $250 million aggregate principal amount of its 3.875% senior notes due 2022​.Sirius XM Holdings Inc -unit priced an offering of $250 million aggregate principal amount of its 5.000% senior notes due 2027.Sirius XM Holdings Inc - ‍priced notes at an issue price of 101% of their aggregate principal amount plus accrued interest from July 5, 2017​.  Full Article

Sirius XM Radio announces add-on offering of senior notes
Wednesday, 2 Aug 2017 07:32am EDT 

Aug 2 (Reuters) - Sirius XM Holdings Inc :Sirius XM Radio Inc announces add-on offering of its 3.875% senior notes due 2022 and 5.000% senior notes due 2027.Sirius XM Holdings Inc says intends to offer an additional $250 million aggregate principal amount of its 3.875% senior notes due 2022.Sirius XM Holdings Inc says intends to use net proceeds from this offering to redeem all of its outstanding 5.25% senior secured notes due 2022.Sirius XM Holdings Inc says intends to offer an additional $250 million aggregate principal amount of its 5.000% senior notes due 2027.  Full Article

SiriusXM Q2 earnings per share $0.043
Thursday, 27 Jul 2017 07:00am EDT 

July 27 (Reuters) - Sirius XM Holdings Inc ::Sirius XM reports second quarter 2017 results.Q2 earnings per share $0.043.Q2 revenue $1.3 billion versus I/B/E/S view $1.32 billion.Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sirius XM Holdings Inc - qtrly net additions 445‍​,000 versus 587,000.Sirius XM Holdings Inc - qtrly ARPU $13.22 ‍​ versus $12.78.Sirius XM Holdings Inc sees 2017 revenue of approximately $5.375 billion.Sees self-pay net subscriber additions of approximately 1.4 million for 2017.Sirius XM Holdings Inc - qtrly average self-pay monthly churn ‍​1.7 percent versus 1.8 percent.Sirius XM Holdings Inc sees 2017 adjusted ebitda of approximately $2.05 billion.Sees free cash flow of approximately $1.5 billion for 2017.  Full Article

CFL and SiriusXM Canada extend broadcasting agreement for every CFL game
Thursday, 6 Jul 2017 07:00am EDT 

July 6 (Reuters) - Sirius Xm Holdings Inc :CFL and SiriusXM Canada extend broadcasting agreement for every cfl game.SiriusXM Canada - broadcasts of all Montréal Alouettes and Ottawa Redblacks games will also be offered in French.  Full Article

Sirius XM Holdings - Sirius XM Radio prices offering of $750 mln of 3.875 pct senior notes due 2022, $1.25 bln of 5 pct senior notes due 2027
Monday, 26 Jun 2017 05:00pm EDT 

June 26 (Reuters) - Sirius XM Holdings Inc ::Sirius XM Radio Inc prices offering of $750 million of 3.875% senior notes due 2022 and $1.25 billion of 5.0% senior notes due 2027.Sirius XM Holdings Inc - Sirius XM Radio Inc, priced offering of $750 million of 3.875% senior notes due 2022 and $1.25 billion of 5.0% senior notes due 2027.Sirius XM Holdings Inc - senior notes due 2022 will bear interest at an annual rate of 3.875%.Sirius XM Holdings Inc - senior notes due 2027 will bear interest at an annual rate of 5.0%.Sirius XM Holdings Inc - price to investors will be 100% of principal amount of notes.  Full Article

Sirius XM Radio intends to offer $500 mln of senior notes due 2022 and $1 bln of senior notes due 2027
Monday, 26 Jun 2017 07:35am EDT 

June 26 (Reuters) - Sirius XM Holdings Inc :Sirius XM Radio Inc. intends to offer $500 million of senior notes due 2022 and $1 billion of senior notes due 2027.Sirius XM Holdings Inc - Sirius XM Radio Inc. intends to offer $500 million of senior notes due 2022 and $1 billion of senior notes due 2027.Sirius XM - Intends to use net proceeds from offering, together with cash on hand, to redeem outstanding 4.25% senior notes due 2020.Sirius XM Holdings Inc - Pending application of the amounts, company currently expects to maintain any excess amount as cash on hand.Sirius XM Holdings-To use proceeds from offering to repay portion of $1 billion of net borrowings currently outstanding under revolving credit facility.Sirius XM Holdings - Also, to use net proceeds from the offering, together with cash on hand, to redeem all of outstanding 5.75% senior notes due 2021.  Full Article

Corvex's Meister on Pandora-Sirius deal says deal is a new opportunity for Pandora - CNBC
Friday, 9 Jun 2017 12:23pm EDT 

June 9 (Reuters) - :Corvex's Keith Meister on Pandora-Sirius deal says deal is a new opportunity for Pandora - CNBC.Corvex's Keith Meister says Pandora is worth a lot more as a result of the transaction - CNBC.  Full Article

Sirius XM to make $480 mln strategic investment in Pandora
Friday, 9 Jun 2017 08:20am EDT 

June 9 (Reuters) - Sirius XM Holdings Inc :Sirius XM to make $480 million strategic investment in pandora.Sirius XM holdings inc - ‍a subsidiary of siriusxm will purchase an aggregate of $480 million in newly issued series a convertible preferred stock of pandora​.Sirius XM holdings inc says pandora agreed with an affiliate of kohlberg kravis & roberts to terminate their investment agreement announced on may 8, 2017.Series a preferred stock is convertible into common stock at a purchase price of $10.50 per share.Sirius XM -under terms of agreement, a unit of siriusxm will purchase aggregate of $480 million in newly issued series a convertible preferred stock of pandora.Sirius XM holdings inc - ‍through this agreement, siriusxm is making a strategic investment in leading u.s. Provider of ad-supported digital radio​.Sirius XM holdings inc - siriusxm purchased $172.5 million of series a preferred stock upon execution of agreement.Sirius XM - series a preferred stock will represent a stake of 19% of pandora's currently outstanding common stock and a 16% stake on an as-converted basis.When transaction closes, three individuals designated by siriusxm will be named to pandora board of directors.When transaction closes, three individuals designated by siriusxm will be named to the pandora board of directors.Sirius XM holdings inc - series a preferred stock is convertible into common stock at a purchase price of $10.50 per share.  Full Article

Pandora raises $480 million with new investment from Sirius- CNBC reporter
Friday, 9 Jun 2017 08:00am EDT 

June 9 (Reuters) - :Pandora raises $480 million with new investment from Sirius.also sells ticket fly for $200 million- CNBC reporter.  Full Article

BRIEF-Sirius Xm - Unit Entered New Employment Agreement With James E. Meyer To Continue To Serve As Co's CEO

* SIRIUS XM - ‍ON JAN 10, UNIT ENTERED NEW EMPLOYMENT AGREEMENT WITH JAMES E. MEYER TO CONTINUE TO SERVE AS CO'S CEO THROUGH DEC 31​