Southwest Airlines Co. said Wednesday it boosted its quarterly dividend 33% and rolled out a new $2 billion share-buyback plan, joining other carriers in sweeping cash returns to shareholders.
Chief Executive Gary Kelly said the authorization was the largest for the company in its “decades-long history of returning value back to our shareholders.
” Southwest recently completed its previous buyback, totaling 37.3 million shares, for $1.5 billion.The airline’s current slogan is “If It Matters To You, It Matters To Us.” Better than….
“Love Is Still Our Field,” “Just Plane Smart,” “The Somebody Else Up There Who Loves You,” “You’re Now Free To Move About The Country,” “THE Low Fare Airline,” “Grab your bag, It’s On!” and “Welcome Aboard.”