Southwest Airlines (LUV) Shares Repurchased (2011 - 2026)

Southwest Airlines (LUV) has 13 years of Shares Repurchased data on file, last reported at $1.2 billion in Q1 2026.

• For the quarter ending Q1 2026, Shares Repurchased rose 66.67% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2026 stood at $3.1 billion (up 205.0% YoY), and the FY2025 full-year result was $2.6 billion, up 920.0% from the prior year.
• Shares Repurchased for Q1 2026 stood at $1.2 billion, up from $50.0 million in the prior quarter.
• Across five years, Shares Repurchased topped out at $1.5 billion in Q2 2025 and bottomed at $50.0 million in Q4 2025.
• The 3-year median for Shares Repurchased is $500.0 million (2024), against an average of $675.0 million.
• The widest annual swing landed in 2025, when Shares Repurchased plunged 80.0%; it then surged 66.67% in 2026.
• A 3-year view of Shares Repurchased shows it stood at $250.0 million in 2024, then slumped by 80.0% to $50.0 million in 2025, then surged by 2400.0% to $1.2 billion in 2026.
• The last three Shares Repurchased figures came in at $1.2 billion (Q1 2026), $50.0 million (Q4 2025), and $250.0 million (Q3 2025), per Business Quant data.

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