Iridium Communications IRDM Share Repurchase Authorization Limit
Share Repurchase Authorization Limit at other companies
Other financials
Where this comes from
Reported directly by Iridium Communications in its filing.
Tagged under the XBRL concept us-gaap:StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1.
The official record: Iridium Communications’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Iridium Communications's share repurchase authorization limit?
- Iridium Communications (IRDM) reported share repurchase authorization limit of $245.3M in Q1 2026.
- How has Iridium Communications's share repurchase authorization limit changed year-over-year?
- Iridium Communications's share repurchase authorization limit decreased by 31.9% year-over-year, from $360.3M to $245.3M.
- What does share repurchase authorization limit mean?
- This represents the total dollar value or share count that the board of directors has authorized the company to spend on repurchasing its own common stock from the open market. It serves as a signal of management's confidence in the company's valuation and its commitment to returning capital to shareholders. This limit is an authorization, not an obligation to spend.