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 stock repurchase program adopted in May 2023 authorized the repurchase of up to $250.0 million of our common stock. The following table summarizes the repurchases under our stock purchase program during the three months ended March 31, 2025: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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) January 1, 2025 - January 31, 2025 ​ 8,973 ​ $ 110.72 ​ 8,973 ​ $ 46,605 February 1, 2025 - February 28, 2025 ​ 66,991 ​ $ 103.49 ​ 66,991 ​ $ 39,673 March 1, 2025 - March 31, 2025 ​ 64,694 ​ $ 88.98 ​ 64,694 ​ $ 33,917 Total ​ 140,658 ​ $ 97.27 ​ 140,658 ​ $ 33,917 34 Table of Contents (1) In May 2023, our Board of Directors approved a stock purchase program, which superseded our prior repurchase program and authorized us to repurchase up to $250.0 million of our common stock.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 March 31, 2025, we had repurchased 4,967,958 shares of our common stock for $216.1 million and had $33.9 million remaining availability under the May 2023 authorization .