Southwest Airlines Thursday authorized $2.5 billion for stock buybacks to defeat a bid from activist shareholder hedge fund Elliot Management. Southwest shares rose roughly 10% on news of the action.

DALLAS, Sept. 24, 2024 /PRNewswire/ -- – Southwest Airlines Co. (NYSE: LUV) (the "Company") today issued a response to Elliott Investment Management L.P.'s ("Elliott") recent Shareholder letter ...

Southwest has made every effort to reach a constructive resolution with Elliott, including over a dozen phone calls with Elliott representatives, several in-person meetings and an offer for ...

Shares of Southwest Airlines Co. descended Tuesday, after the air carrier expressed confidence in Chief Executive Bob Jordan’s leadership, despite calls from activist investor Elliott Investment ...

By the end of October that year, Elliott increased its stake to $3.4 billion. The influence led to a CEO transition and two new directors. Elliott liquidated its investment when it sold 5 million ...

Southwest Airlines is launching a new plan to return the carrier to profitability and has added a new director to its board, amid an ongoing battle with activist investor Elliott Investment ...

Southwest Airlines reaches settlement with Elliott, restructures board leadership The new changes at Southwest Airlines will take effect on Nov. 1 By Hannah Jones • Published October 24, 2024 ...

Shares of Southwest Airlines fell 4% intraday Tuesday before closing at $29.25, down 1.6%. 4 Activist investor Elliott sought CEO Robert Jordan’s ouster, but he will stay on.

Southwest Airlines Won’t Ever Be ... Particularly under its famed cofounder and CEO, ... the airline’s senior adviser for culture and engagement, who began working at Southwest in 1980 ...

Southwest Airlines reported quarterly earnings that beat expectations but pulled its full-year guidance. The CEO says consumer demand is being "highly impacted" by President Trump's tariff policies.