Iridium Communications (NASDAQ:IRDM) to Repurchase $500.00 million in Outstanding Stock
Iridium Communications (NASDAQ:IRDM – Get Free Report) declared that its Board of Directors has authorized a share repurchase plan on Thursday, September 19th, RTT News reports. The company plans to repurchase $500.00 million in outstanding shares. This repurchase authorization permits the technology company to reacquire up to 14.2% of its stock through open market purchases. […]
22 Sep 05:07 · The Markets Daily