Company: IRDM
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001628280-25-005302
Chunk: 93

Company: Iridium Communications Inc.
Filing Date: 2025-02-13
Form: 10-K
Item: Item 5
Chunk 93
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, nor shall this information be incorporated by reference into any future filing under the Securities Act or the Exchange Act or any other document, except to the extent that we specifically incorporate it by reference into such filing or document.

43

Issuer Purchases of Equity Securities

The following table presents our monthly share repurchases for the quarter ended December 31, 2024:

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 programsOctober 1-311,756,195 $29.98 1,756,195 $499.6 millionNovember 1-301,594,591 $29.16 1,594,591 $453.1 millionDecember 1-31763,884 $29.85 763,884 $430.3 millionTotal4,114,670 $29.65 4,114,670 $430.3 million

In July 2023, our board of directors authorized a share repurchase program of up to $400.0 million through December 31, 2025, and in September 2024, our board of directors authorized an additional share repurchase program of up to $500.0 million through December 31, 2027. Since initiating share repurchases in February 2021, our board has authorized the repurchase of an aggregate $1,500.0 million of our common stock, including the programs referenced above. All shares included in the table above were purchased under this authorization in open market transactions. Amounts reported in the table above do not include commissions incurred or excise taxes payable in connection with the repurchases.