Iridium Communications Inc.
For the period ended Jun 30, 2025. Filed Jul 24, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 24, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
Issuer Purchases of Equity Securities
| Period | (a)Total number of shares purchased | (b)Average price paid per share | (c)Total number of shares purchased as part of publicly announced plans or programs | (d)Maximum dollar value of shares that may yet be purchased under the plans or programs |
|---|---|---|---|---|
| April 1-30 | 1,228,806 | $24.40 | 1,228,806 | $330.3 million |
| May 1-31 | 587,689 | $25.51 | 587,689 | $315.3 million |
| June 1-30 | 737,022 | $27.13 | 737,022 | $295.3 million |
| Total | 2,553,517 | $25.45 | 2,553,517 | — |
Since initiating share repurchases in February 2021, our board of directors has authorized the repurchase of up to $1,500.0 million of our common stock, including the September 2024 authorization to repurchase up to $500.00 million through December 31, 2027. All shares included in the table above were purchased under this authorization in open market transactions. Amounts in the table above do not include commissions incurred or excise taxes payable in connection with the repurchases.
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