DALLAS, Aug. 5, 2011 /PRNewswire/ -- Southwest Airlines' (NYSE: LUV) Board of Directors has authorized the Company to repurchase, on a discretionary basis, up to $500 million of the Company's common stock.
Gary C. Kelly, Chairman of the Board, President, and CEO, stated: "The Board's authorization to resume a share repurchase program demonstrates our confidence in the future of Southwest Airlines and underscores our commitment to enhance Shareholder value."
Share this article