Item 8.01. Other Events.
On May 2, 2023, the Board of Directors (the "Board") of SkyWest, Inc. (the
"Company") approved a share repurchase plan, pursuant to which the Company is
authorized to repurchase up to $250 million of the Company's common stock. The
Company 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 be suspended from
time to time by management without prior notice. The actual timing, number and
value of shares repurchased will be determined by the Company's management in
its discretion. This authorization supersedes the Board's previous share
repurchase plan approved in February 2019, which authorized the repurchase of up
to $250 million of the Company's common stock, of which approximately $9 million
remained after $30 million was repurchased in April 2023.
Forward-Looking Statements
In addition to historical information, this release contains forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of
1995. Such statements include, but are not limited to, statements regarding the
Company's plans with respect to share repurchases and other statements that are
not historical facts. All forward-looking statements included in this release
are made as of the date hereof and are based on information available to the
Company as of such date. The Company assumes no obligation to update any
forward-looking statements for any reason. Actual events or results may differ
from the Company's expectations. For example, the share repurchase plan may be
suspended or discontinued at any time. Additional information concerning these
and other risk factors affecting the Company can be found in the Company's
public periodic filings with the Securities and Exchange Commission, including
its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q,
available at www.sec.gov.
© Edgar Online, source Glimpses
SKYWEST, INC. 
