Split-Off of Liberty Sirius XM Holdings Approved at Liberty Media’s Special Meeting of Stockholders
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 23 2024
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Should l Buy ?
Source: Businesswire
Liberty Media's Special Meeting Outcome: Liberty Media Corporation announced that holders of Series A and B Liberty SiriusXM common stock approved the redemptive split-off of Liberty Sirius XM Holdings Inc., which will merge with Sirius XM Holdings Inc. to form a new public company operating under the Sirius XM brand.
Upcoming Trading Changes: Following the split-off on September 9, 2024, Liberty SiriusXM common stock will cease trading, and shares of New Sirius are expected to begin trading on the Nasdaq Stock Market under the ticker symbol "SIRI" on September 10, 2024.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
