SkyWest Airlines 2010 Annual Report Download - page 43
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common stock. The following table summarizes our purchases under our stock repurchase program for
the three months ended December 31, 2010.
Total Number of Shares Maximum Number
Purchased as Part of a of Shares that May
Total Number of Average Price Publicly Announced Yet Be Purchased
Period Shares Purchased Paid Per Share Program(1) Under the Program
October 1 - October 31, 2010 . 243,829 $14.20 243,829 6,592,688
November 1 - November 30,
2010 .................. 515,058 15.90 515,058 6,077,630
December 1 - December 31,
2010 .................. 355,156 16.44 355,156 5,722,474
Total ................... 1,114,043 $15.70 1,114,043 5,722,474
(1) Under resolutions adopted in February 2007, November 2007, May 2009 and May 2010, our Board
of Directors authorized the repurchase of up to 20,000,000 shares of our common stock. Purchases
are made at management’s discretion based on market conditions and our financial resources. In
addition, effective March 13, 2009, we entered into the SkyWest, Inc. Stock Repurchase Plan (the
‘‘Stock Repurchase Plan’’). The Stock Repurchase Plan provides for the repurchase of up to
3,400,000 shares of our common stock (which are included within, and are not in addition to, the
20,000,000 shares of common stock described above) by an independent third party pursuant to
trading parameters contemplated by the Stock Repurchase Plan. As of December 31, 2010, we had
spent approximately $277.0 million to purchase and retire approximately 14,277,526 shares of the
20,000,000 shares of common stock designated for repurchase by our Board of Directors. The
authorization of our Board of Directors does not have an expiration date. The Stock Repurchase
Plan expires on March 13, 2011.
Stock Performance Graph
The following Performance Graph and related information shall not be deemed ‘‘soliciting material’’ or
‘‘filed’’ with the Securities and Exchange Commission, nor shall such information be incorporated by
reference into any future filing under the Securities Act of 1933 or Securities Exchange Act of 1934, each as
amended, except to the extent we specifically incorporate it by reference into such filing.
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