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SkyWest, Inc. Announces $250 Million Increase to Share Repurchase Authorization

1. SkyWest authorized a $250 million increase to its share repurchase plan. 2. Repurchases may impact stock value depending on market conditions.

Shares Buyback
+7.14%Current Return
VS
+1.92%S&P 500
$94.0705/07 07:16 AM EDTEvent Start
$100.7905/08 01:07 PM EDTLatest Updated
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FAQ

Why Bullish?

Share repurchase plans typically signal management's confidence in the company's value, increasing demand for shares and potentially driving up price. Historical instances, like Southwest Airlines' repurchase strategy, have often led to increases in stock price.

How important is it?

The significant increase in the share repurchase plan suggests strong management confidence and can enhance shareholder value, likely influencing market perception and stock valuation positively.

Why Short Term?

The immediate impact of share buybacks can be seen shortly after they are announced, as market participants respond to the expected increase in share demand.

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LUVALKUALAAL
ST. GEORGE, Utah--(BUSINESS WIRE)--On May 6, 2025, the Board of Directors (the “Board”) of SkyWest, Inc. (NASDAQ: SKYW) (“SkyWest”) approved a $250 million increase to its existing share repurchase plan. SkyWest is authorized to repurchase such shares of common stock at prevailing market prices in the open market, in privately negotiated transactions or by other means in accordance with federal securities laws. Depending on market conditions and other factors, such repurchases may commence or b.

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