The board of directors at SkyWest Airlines (OO, St. George Municipal) has approved a USD250 million increase to its share repurchase programme, taking the total remaining authorised amount for buying back shares to approximately USD272 million.
The company said in a notice to the markets that the repurchases may occur through open market transactions, privately negotiated deals, or other methods in compliance with federal securities laws.
This latest increase is on top of a previous USD250 million authorisation from May 2023, under which USD228 million had already been used or committed. USD22 million of that remains after approximately USD12 million was repurchased in April 2025.
The new repurchase addition has no expiration date; the timing, volume, and pricing of the buybacks are entirely at the management’s discretion and can be started or paused at any time without prior notice.