Quarterly report [Sections 13 or 15(d)]

Equity

v3.26.1
Equity
 3 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Equity Equity
Common Stock, par value $0.001 per share
We are authorized to issue up to 900 shares of common stock. There were 336 and 335 shares of common stock issued and outstanding at March 31, 2026 and December 31, 2025, respectively.
As of March 31, 2026, there were 36 shares of common stock reserved for issuance in connection with outstanding stock-based awards to members of our board of directors, employees and third parties.
Sirius XM Holdings equity activity
Quarterly Dividends
During the three months ended March 31, 2026 and 2025, our board of directors declared and paid the following dividends:
Declaration Date Dividend Per Share Record Date
Total Amount
 Payment Date
2026 dividends
January 29, 2026 $ 0.27  February 11, 2026 $ 91  February 27, 2026
2025 dividends
January 22, 2025 $ 0.27  February 7, 2025 $ 91  February 25, 2025
Stock Repurchase Program
On September 9, 2024, our board of directors approved for repurchase an aggregate of $1,166 of our common stock.  The board of directors did not establish an end date for this stock repurchase program.  Shares of common stock may be purchased from time to time on the open market, pursuant to pre-set trading plans meeting the requirements of Rule 10b5-1 under the Exchange Act, in privately negotiated transactions, including in accelerated stock repurchase transactions, or otherwise.  We intend to fund any stock repurchases through a combination of cash on hand, cash generated by operations and future borrowings. The size and timing of any purchases will be based on a number of factors, including price and business and market conditions.
As of March 31, 2026, our cumulative repurchases since the closing of the Transactions under our stock repurchase program totaled 8 shares for $164, of which 1 shares were repurchased during the three months ended March 31, 2026 for $21 and $1,003 remained available for additional repurchases under our existing stock repurchase program authorization.
The following table summarizes our total share repurchase activity for the three months ended:
  March 31, 2026 March 31, 2025
Share Repurchase Type
Shares
 Amount
Shares
 Amount
Open Market Repurchases
 1  $ 21  1  $ 25