Iridium Communications 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 in the past three years and brings the total value of the program to $1 billion. This $400 million authorization is also the largest ever approved by the Board of Directors, underscoring the strength of Iridium’s business.
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