SKYWEST INC 10-Q

ITEM 2 . UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 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. Our current stock repurchase program was authorized in May 2023 for the repurchase of up to $250.0 million of our common stock. At September 30, 2024, $52.5 million remains available under the May 2023 authorization. The following table summarizes the repurchases under our stock purchase program during the three months ended September 30, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total Number of Shares Purchased ​ Average Price Paid Per Share Total Number of Shares Purchased as Part of a Publicly Announced Program (1) ​ Maximum Dollar Value of Shares that May Yet Be Purchased Under the Program (in Thousands) July 1, 2024 - July 31, 2024 ​ 62,253 ​ $ 80.27 ​ 62,253 ​ $ 63,851 August 1, 2024 - August 31, 2024 ​ 137,252 ​ $ 72.23 ​ 137,252 ​ $ 53,937 September 1, 2024 - September 30, 2024 ​ 17,926 ​ $ 77.63 ​ 17,926 ​ $ 52,545 Total ​ 217,431 ​ $ 74.98 ​ 217,431 ​ $ 52,545 (1) In May 2023, our Board of Directors approved a stock purchase program, which superseded our prior repurchase program and authorized us to repurchase up to $250.0 million of our common stock.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. As of September 30, 2024, we had repurchased 4,779,973 shares of our common stock for $197.5 million and had $52.5 million remaining availability under the May 2023 authorization .