SkyWest Airlines 2012 Annual Report Download - page 44

common stock. The following table summarizes our purchases under our stock repurchase program for
the three months ended December 31, 2012.
Total Number
of Shares
Purchased Maximum Number
Total Average as Part of a of Shares that
Number Price Publicly May Yet Be
of Shares Paid Per Announced Purchased Under
Period Purchased Share Program(1) the Program
October 1 - October 31, 2012 ................ 34 10.61 34 6,513,692
November 1 - November 30, 2012 ............. — — — 6,513,692
December 1 - December 31, 2012 ............. — — — 6,513,692
Total .................................. 34 10.61 34 6,513,692
(1) Under resolutions adopted at various dates between February 2007 and August 2012, our Board of
Directors authorized the repurchase of up to 25,000,000 shares of our common stock. Purchases
are made at management’s discretion based on market conditions and our financial resources. As
of December 31, 2012, we had spent approximately $338.5 million to repurchase approximately
18,486,308 shares of the 25,000,000 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.
Effective September 14, 2012, our Board of Directors adopted the SkyWest, Inc. 2012 Stock
Repurchase Plan (the ‘‘Stock Repurchase Plan’’), which provides for the repurchase of up to
6,514,266 shares of common stock, from time to time in open market or privately negotiated
transactions, as contemplated by Rule 10b5-1 promulgated under the Securities Exchange Act of
1934, as amended. The Stock Repurchase Plan is scheduled to expire on October 15, 2014.
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