Iridium Communications (IRDM) Announces Additional $500M Share Buyback

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Iridium Board of Directors Approves Additional $500 Million Share Repurchase Program; Since Inception Authorizations Now Total $1.5 Billion

September 19, 2024 4:01 PM EDT

MCLEAN, Va., Sept. 19, 2024 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice and data satellite communications, today announced that its Board of Directors has authorized the repurchase of an additional $500 million of Iridium common stock through December 31, 2027. This is the... More