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Benzinga
Benzinga
Business
Lekha Gupta

Southwest Airlines Lifts Q4 Guidance, Launches $750 Million Stock Buyback

Southwest British Airways Southwest Airlines LUV Boeing

On Thursday, Southwest Airlines Company (NYSE:LUV) shares traded higher after the company announced it will launch a $750 million stock buyback program in the first quarter of 2025. The move follows the $250 million accelerated share repurchase launched in October 2024.

After this, $1.5 billion will remain under its $2.5 billion repurchase program, authorized in September 2024.

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