Iridium launches $500m share buy-back
Satellite communications specialists Iridium is funding $500 million (€448.7m) to buy back its own shares for cancellation. The move, approved by its directors on September 19th, is the largest-ever for the company which supplies satellite-based connectivity to government agencies, NGOs, the military and emergency ‘first responders’. It is the fourth buyback from Iridium in the […]