Despite Drop in Value, Iridium Buys Back Another $400 Million in Stock
Illustration of an Iridium NEXT satellite.
Image credit: Iridium Communications
In late July, the Iridium Communications board voted to authorize a $400 million stock buyback, the third and largest such stock buyback authorized since 2021, bringing the total amount to $1 billion.
SUBSCRIBERS ONLY
This content is for members only.
FIRST MONTH FREE
Already a member? Log in here
