Skywest Will Buyback About 6.5M Shares
SkyWest, Inc. ("SkyWest") (NASDAQ: SKYW) announced today that its Board of Directors has approved the SkyWest, Inc. 2012 Stock Repurchase Plan ("the Plan") and SkyWest has entered into an agreement with Raymond James & Associates to repurchase up to approximately 6.5 million outstanding shares of SkyWest common stock, from time to time, in open market or privately negotiated transactions in accordance with the requirements of Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended. Repurchases under the Plan may commence 30 days from today, subject to the Plan's terms and conditions.
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