# SKYWEST INC (SKYW) — capital_return/buyback_authorization [announced]
Source: SEC API (secapi.ai) · situation sit_ceed1925da1b5588976d · retrieved 2026-08-11T15:49:41.590Z

## Overview
SkyWest, Inc. is the holding company for SkyWest Airlines, Inc., SkyWest Charter, LLC, and SkyWest Leasing, Inc.; SkyWest Airlines operates a fleet of approximately 500 aircraft connecting passengers to over 240 destinations throughout North America through partnerships with United Airlines, Delta Air Lines, American Airlines, and Alaska Airlines.

On July 23, 2026, SkyWest, Inc.'s Board of Directors approved a $250 million increase to its existing stock repurchase program, effective immediately. The company is authorized to repurchase 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. Following this increase, SkyWest is authorized to repurchase up to approximately $313 million of common stock, combining the remaining $63 million from the May 2025 authorization with the new $250 million authorization. The actual timing, number, and value of shares repurchased will be determined by the company's management in its discretion, and there is no expiration date for the repurchase plan.

## Terms
- Deal value: $250.0M

## Key dates
- Announced 2026-07-23

## Timeline
- 2026-07-23 · 8-K (0001104659-26-086251): 8-K - SKYWEST INC — *SkyWest, Inc. is the holding company for SkyWest Airlines, Inc., SkyWest Charter, LLC, and SkyWest Leasing, Inc.; SkyWest Airlines operates a fleet of approximately 500 aircraft connecting passengers to over 240 destinations throughout North America through partnerships with United Airlines, Delta Air Lines, American Airlines, and Alaska Airlines.* On July 23, 2026, SkyWest, Inc.'s Board of Directors approved a $250 million increase to its existing stock repurchase program, effective immediately. The company is authorized to repurchase 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. Following this increase, SkyWest is authorized to repurchase up to approximately $313 million of common stock, combining the remaining $63 million from the May 2025 authorization with the new $250 million authorization. The actual timing, number, and value of shares repurchased will be determined by the company's management in its discretion, and there is no expiration date for the repurchase plan.
  https://www.sec.gov/Archives/edgar/data/793733/0001104659-26-086251.txt

## Citations
- 0001104659-26-086251 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926086251