Subsequent Events |
3 Months Ended |
|---|---|
Mar. 31, 2022 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events Capital Return Program
For the period from April 1, 2022 to April 26, 2022, we repurchased 65 shares of our common stock on the open market for an aggregate purchase price of $409, including fees and commissions.
On April 19, 2022, our board of directors declared a quarterly dividend on our common stock in the amount of $0.0219615 per share of common stock payable on May 25, 2022 to stockholders of record as of the close of business on May 6, 2022.
Amendment to Credit Facility
On April 11, 2022, Sirius XM entered into an amendment to its existing Credit Facility to add a $500 Incremental Term Loan which will mature on April 11, 2024. Interest on the Incremental Term Loan borrowing is based on the Adjusted Term Secured Overnight Financing Rate ("SOFR") plus an applicable rate.
|
| X | ||||||||||
- References No definition available.
|
| X | ||||||||||
- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|