SkyWest, Inc.'s Board of Directors approved a $250 million increase to its existing share repurchase plan on May 6, 2025. This expansion significantly boosts the company's capacity to buy back its common stock.
The company is authorized to repurchase shares at prevailing market prices through various methods, including open market transactions and privately negotiated deals. This flexibility allows SkyWest to execute the program opportunistically.
This increased authorization demonstrates management's confidence in the company's financial strength and its commitment to enhancing shareholder value through capital returns.
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