You can now read 10 articles a month for free. Read as much as you want anywhere and anytime for just 99¢.

market movers

Sirius XM Radio stock gains

Sirius XM broadcast James Levine’s return to the Metropolitan Opera in May.

Metropolitan Opera via AP/File 2013

Sirius XM broadcast James Levine’s return to the Metropolitan Opera in May.

Continue reading below

Sirius XM Radio Inc. has enlarged its stock-buyback program by $2 billion, The Wall Street Journal reported, and it plans to buy back $500 million of stock from Liberty Media Corp., a move designed to boost returns for the satellite radio company’s shareholders. Liberty Media expects to continue to own more than 52 percent of Sirius’s shares after the repurchase. Sirius XM says it is the world’s largest radio broadcaster, measured by revenue; it has about 25 million subscribers.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week