Iridium Communications (IRDM) Announces New $400M Share Buyback

Go back to Iridium Communications (IRDM) Announces New $400M Share Buyback

Iridium Board of Directors Approves Additional $400 Million Share Repurchase Program; Authorizations Now Total $1 Billion

July 27, 2023 5:01 PM EDT

MCLEAN, Va., July 27, 2023 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today announced that its Board of Directors has authorized the repurchase of an additional $400 million of Iridium common stock through December 31, 2025. This is the third stock repurchase authorization from the Board of Directors... More