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Sirius XM Holdings ( (SIRI) ) has issued an announcement.
Sirius XM Holdings announced the appointment of Wayne D. Thorsen as Executive Vice President and Chief Operating Officer, who will oversee product and technology functions, along with commercial activities and corporate strategy, starting December 16, 2024. The company also updated its strategic plan to focus on its core subscription business and enhance stockholder returns, projecting significant savings and revenue targets for 2025, while maintaining its commitment to deleveraging and current dividend payouts.
More about Sirius XM Holdings
Sirius XM Holdings Inc. is a leading audio entertainment company in North America, focusing on providing premium audio content through its subscription-based services. The company is known for its strong core subscriber base, particularly in the automotive segment, and offers a wide range of curated content, including music, sports, and podcasts.
YTD Price Performance: -45.70%
Average Trading Volume: 6,362,013
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.75B
For an in-depth examination of SIRI stock, go to TipRanks’ Stock Analysis page.
