Iridium approves $500M stock buyback, total program reaches $1.5B
Los Angeles CA (SPX) Sep 20, 2024
Iridium Communications Inc. (Nasdaq: IRDM), a leader in global satellite communications, has announced that its Board of Directors has authorized an additional $500 million share repurchase program, extending through December 31, 2027. This new authorization is the fourth of its kind in four years, bringing the total share buyback program to $1.5 billion. The latest authorization is the largest
Iridium Communications Inc. (Nasdaq: IRDM), a leader in global satellite communications, has announced that its Board of Directors has authorized an additional $500 million share repurchase program, extending through December 31, 2027. This new authorization is the fourth of its kind in four years, bringing the total share buyback program to $1.5 billion. The latest authorization is the largest