Iridium Communications Inc. (IRDM)

Iridium Communications, Inc. engages in the provision of global satellite communications services and products. Its products include personal communicators, messengers, and trackers, satellite phones, push-to-talk-devices, broadband, midband, and external terminals, docking stations, apps, and accessories. It offers its services to businesses, the U.S. and foreign governments, non-governmental organizations, and consumers via satellite network. The company was founded in 2000 and is headquartered in McLean, VA.

Address

1750 TYSONS BOULEVARD
MCLEAN, VA 22102

Founded

2000

Number of Employees

766

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - - - - $163,389 $256,982 $246,617 $153,257 $205,061
Average Price - - - - - - - $37.65 $37.82 $51.31 $29.67 $38.86
# Shares Purchased - - - - - - - 4,339,208 6,794,055 4,806,416 5,166,253 5,276,483
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - -31.0% -31.3% -49.3% -12.4% -33.1%
S&P 500 Return to Date - - - - - - - 31.7% 37.3% 31.3% 7.4% 26.9%
Excess Total Return - - - - - - - -62.6% -68.5% -80.7% -19.8% -60.0%
Quartile Rank
Percentile Rank - - - - - - - 23% 20% 7% 22% 22%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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