The Journal of Space Commerce

The Journal of Space Commerce

Share Repurchase Program Authorized by Iridium Board

Tom Patton's avatar
Tom Patton
Jul 31, 2023
∙ Paid

The board of directors of Iridium has authorized a $400 million common stock share repurchase program. This is the third stock repurchase authorization from the board in the past three years and brings the total value of the program to $1 billion. This $400 million authorization, which is valid through December 31 2025, is also the largest ever approved…

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