IRDM - Dividend announcements

MCLEAN, Va., Sept. 19, 2024 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM), a leading provider of global voice and data satellite communications, today announced that its Board of Directors has authorized the repurchase of an additional $500 million of Iridium common stock through December 31, 2027. This is the fourth stock repurchase authorization from the Board of Directors in the past four years and brings the total value of the program to $1.5 billion. This $500 million authorization is also the largest ever approved by the Board of Directors, underscoring the strength of Iridium's business.

MCLEAN, Va., Dec. 8, 2022 /PRNewswire/ -- Iridium Communications Inc. (NASDAQ:IRDM) today announced that its Board of Directors has initiated a quarterly dividend program and declared the first ever cash dividend on its common stock of $0.13 per share.  The dividend is payable on March 30, 2023, to stockholders of record at close of business on March 15, 2023.  Iridium intends to pay regular quarterly dividends, with each payment subject to Board approval. "Iridium is once again positioned to reward its shareholders" - Matt Desch, CEO, Iridium This program continues Iridium's

MCLEAN, Va., Feb. 11, 2021 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the fourth quarter of 2020 and issued its full-year 2021 guidance. Net loss was $7.9 million, or $0.06 per diluted share, for the fourth quarter of 2020, as compared to net loss of $107.9 million, or $0.82 per diluted share, for the fourth quarter of 2019. This improvement was primarily the result of debt extinguishment costs associated with Iridium's refinancing in the fourth quarter of 2019, which did not recur in 2020. Operational EBITDA ("OEBITDA")(1) for the fourth quarter was $84.8 million, as compared to $80.1 million for the prior-year period, repr