We repurchased 144 million shares for $534 million during the first quarter and continue to see our shares as an attractive investment.
SIRIUS XM SATELLITE RADIO FORUM
We repurchased 144 million shares for $534 million during the first quarter and continue to see our shares as an attractive investment.
"We repurchased 144 million shares for $534 million during the first quarter and continue to see our shares as an attractive investment. With our growing free cash flow, the successful placement of $1 billion of 5.375% Senior Notes in March, and $1.25 billion of unused revolver capacity, we have plenty of liquidity to continue returning capital to shareholders while maintaining prudent leverage. In just over two years since we began our capital return program with a special dividend, we have paid our shareholders nearly $5.3 billion and retired nearly 22% of our then outstanding shares," noted David Frear, Chief Financial Officer, SiriusXM.
well we aint exactly crashing and burning in pre yet.
actually now were up in pre....guess common sense might win out here.
3.97
Last edited by dm_4; 04-28-2015 at 08:08 AM.
Holy crap! The market seems to actually be reacting positively! Hope it maintains past $4!Originally Posted by dm_4
Last edited by bdp.; 04-28-2015 at 08:11 AM.
i think thats why they sent the mixed signal....keep it from busting through 4 convincingly. They cant keep this down forever....i think next earnings is gonna blow the top off causing a nice run.
imagine that these numbers could have been better if the northeast didnt have the worst winter on record. last time i checked there isnt any snow in april may june.
Last edited by dm_4; 04-28-2015 at 08:23 AM.
I think you are correct. I feel fairly confident that not only do we not break through $4, but we close the day flat and decline a bit over the next few days before we settle back in a 3.90's trading range. The market has very rarely reacted overtly positively to any positive results from Sirius. That pesky 1 penny miss will be all that is needed to keep Sirius in its place. Even if everything beat, there is the unfortunate general lack of interest in this company that resulted from years of bashing. I feel that this is still going to remain a long stock with very slow paced gains.
Last edited by bdp.; 04-28-2015 at 08:25 AM.
Sirius XM misses by $0.01, misses on revenue • 7:02 AM
•Sirius XM (NASDAQ:SIRI): Q1 EPS of $0.02 misses by $0.01.
•Revenue of $1.08B (+8.2% Y/Y) misses by $10M.
Last edited by midas360; 04-28-2015 at 08:48 AM.
hey maybe your 2.75 miss will finally come in today....LMFBO!
Last edited by dm_4; 04-28-2015 at 08:55 AM.
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