SkyWest approves another buyback of shares

With a salute to the wishes of shareholders, SkyWest Inc. on Monday said its board of directors has authorized the regional airline to buy back up to 5 million shares of its under-loved stock. The buyback is on top of another 1.51 million shares already authorized under SkyWest’s existing stock repurchase program, bringing the total number of shares authorized to 6.51 million, or almost 13 percent of its outstanding shares, the company said. The announcement came just three weeks after SkyWest P...