Company: IRDM
Filing Date: 2025-10-23
Form Type: 10-Q
Source: 0001418819-25-000009
Chunk: 83

Company: Iridium Communications Inc.
Filing Date: 2025-10-23
Form: 10-Q
Item: Part II, Item 2
Chunk 83
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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 programsJuly 1-31473,809 $31.65 473,809 $280.3 millionAugust 1-31609,319 $24.61 609,319 $265.3 millionSeptember 1-30823,068 $24.29 823,068 $245.3 millionTotal1,906,196 $26.22 1,906,196 — 

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.

ITEM 3.     DEFAULTS UPON SENIOR SECURITIES.

None. 

ITEM 4.     MINE SAFETY DISCLOSURES.

Not applicable.

ITEM 5.     OTHER INFORMATION.

Insider trading arrangements and policies

During the three months ended September 30, 2025, none of our directors or officers (as defined in Rule 16a-1(f) under the Securities Exchange Act of 1934, as amended) adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as those terms are defined in Item 408 of Regulation S-K.

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ITEM 6.     EXHIBITS.

The following list of exhibits includes exhibits submitted with this Form 10-Q as filed with the Securities and Exchange Commission.

Exhibit Description31.1 Certification of Principal Executive Officer pursuant to Rules 13a-14(a) and 15d-14(a) promulgated under the Securities Exchange Act of 1934, as adopted pursuant to section 302 of The Sarbanes-Oxley