Alaska Air Group reported the completion of a $100 million stock repurchase program authorized by its board of directors on Sept. 13, 2007. Under the program, the company repurchased 4,113,782 shares of its outstanding common stock, or 10% of the outstanding stock at the start of the program, at an average price of $24.31 per share.
Following completion of the repurchase program on Feb. 29, 2008, Alaska Air Group had 36,534,555 shares of common stock outstanding.