Brief: Sirius XM Provides Update On Strategic Direction

Sirius XM Holdings

10/12/2024 13:03

Dec 10 (Reuters) - Sirius XM Holdings  SIRI.O :
    * SIRIUSXM PROVIDES UPDATE ON STRATEGIC DIRECTION,
SHARPENING
FOCUS ON CORE AUDIENCE
    * : ANNOUNCES ADDITIONAL $200 MILLION OF ANNUALIZED SAVINGS
EXITING 2025
    * OUTLOOK 2025 FOR TOTAL REVENUE OF $8.5 BILLION
    * : MAINTAINING DIVIDEND
    * : AUTHORIZED $1.166 BILLION COMMON STOCK REPURCHASE
PROGRAM
REMAINS IN PLACE
    * : TARGETING FREE CASH FLOW OF $1.5 BILLION IN 2027
    * FY2025 REVENUE VIEW $8.72 BILLION -- LSEG IBES DATA

Source text:  ID:nPn2bfTfza 
Further company coverage:  SIRI.O 

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