Why did SkyWest stock jump 12% in June?
#2
Gets Weekends Off
Joined APC: Feb 2015
Position: Downward Dog
Posts: 1,877
Click bait.
This Adam guy.
This Adam guy.
#7
Gets Weekends Off
Joined APC: Jul 2013
Position: 175 CA
Posts: 1,544
Believe it was because of our quarterly earnings report.
#8
Stock buyback. Not really operationally related.
https://m.theonlineinvestor.com/buybacks/skyw-buyback/
https://m.theonlineinvestor.com/buybacks/skyw-buyback/
#9
Gets Weekends Off
Joined APC: Sep 2008
Posts: 216
Perhaps, may be, because it's the best 'Regional' airline out there?
(I'm not, never was a SkyWest employee).
(I'm not, never was a SkyWest employee).
#10
Gets Weekends Off
Joined APC: Feb 2015
Position: Downward Dog
Posts: 1,877
I'm probably wrong, but lets say they bought at a discount of $20. 125 Million Shares = $25,000,000.
The shares and the money disappear into thin air and still all of SkyWest inc can be boughten for half of the price of VA. Someday buybacks will be in the category of asbestos and lead.
The shares and the money disappear into thin air and still all of SkyWest inc can be boughten for half of the price of VA. Someday buybacks will be in the category of asbestos and lead.
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