UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: Our Board of Directors has adopted a stock repurchase program which authorizes us to repurchase shares of our common stock in the public market or in private transactions, from time to time, at prevailing prices.
−Removed: Our stock repurchase program was authorized in 2019 for the repurchase of up to $250.0 million of our common stock.
−Removed: The following table summarizes the repurchases under our stock purchase programs during the three months ended March 31, 2023:
+Added: Our Board of Directors has adopted stock repurchase programs which authorize us to repurchase shares of our common stock in the public market or in private transactions, from time to time, at prevailing prices.
+Added: Our stock repurchase programs were authorized in February 2019 for the repurchase of up to $250.0 million of our common stock and in May 2023 for the repurchase of up to $250.0 million of our common stock.
+Added: The following table summarizes the repurchases under our stock purchase programs during the three months ended June 30, 2023:
Total Number of Shares Purchased
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Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (in Thousands)
−Removed: February 1, 2023 - February 28, 2023
−Removed: March 1, 2023 - March 31, 2023
+Added: April 1, 2023 - April 30, 2023
+Added: May 1, 2023 - May 31, 2023
+Added: June 1, 2023 - June 30, 2023
(1) In February 2019, our Board of Directors authorized a stock purchase program to repurchase up to $250.0 million of our common stock.
Purchases are made at management’s discretion based on market conditions and financial resources.
−Removed: As of March 31, 2023, we had repurchased 7,033,497 shares of our common stock for $210.4 million under this authorization.
−Removed: In May 2023, our Board of Directors approved a new share repurchase program, which will supersede our prior repurchase program and authorizes us to repurchase up to $250.0 million of our common stock.
+Added: As of April 30, 2023, we had repurchased 6,340,256 shares of our common stock for $240.4 million under the February 2019 authorization.
+Added: In May 2023, our Board of Directors approved a new share repurchase program, which superseded our prior repurchase program and authorized us to repurchase up to $250.0 million of our common stock.
+Added: As of June 30, 2023, we had repurchased 2,061,572 shares of our common stock for $64.1 million under the May 2023 authorization .
Certification of Chief Executive Officer
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Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)
−Removed: Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, to be signed on its behalf by the undersigned, thereunto duly authorized, on May 4, 2023.
+Added: Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, to be signed on its behalf by the undersigned, thereunto duly authorized, on August 3, 2023.
SKYWEST, INC.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.