April 26, 2016 / 6:17 PM / a year ago

BUZZ-Sirius XM Canada Holdings Inc: Hits lowest in over 2 months

1 Min Read

** Satellite radio service provider's shares down 9.3 pct at C$4.17; hit more than 2-month low of C$4.06

** Company's unit, Sirius XM Radio Inc, demands $33.9 mln activation fees under XM license agreement from 2005 to January 2016

** Company says Sirius XM Radio also demands for its methodology to be used for calculating fees from February onwards

** Up to Monday's close, stock had fallen 23 pct in 12 months

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