Southwest director buys 3.6 mln shares, opposes more leadership …

Oct 3, 2024 · Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million …

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Southwest Director Buys 3.6 Mln Shares, Opposes More Leadership …

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Oct 3, 2024 · Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million …

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Southwest Director Buys 3.6 Million Shares, Opposes More …

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Oct 3, 2024 · Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million …

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Southwest New Director Gangwal Buys $100M Stock, Urges No …

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Oct 3, 2024 · Gangwal, a co-founder of InterGlobe Aviation, acquired 3.6 million Southwest shares between September 30 and October 1, according to filings with the Securities and …

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Southwest Director Buys 3.6 Million Shares, Opposes More …

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Oct 2, 2024 · Southwest director buys 3.6 million shares, opposes more leadership changes ... Raymond James Adjusts Price Target on Southwest Airlines to $36 From $33 Oct. 24: MT …

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Southwest Airlines' Director Rakesh Gangwal Buys 3.6 Million …

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-- Southwest Airlines Company Director Rakesh Gangwal bought 3.6 million company shares on Monday and Tuesday for $29 to $30 per share amounting to over $100 million, Securities and …

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Southwest Airlines Director Buys $107 Million Of Stock, Backs

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Director Rakesh Gangwal paid $106.7 million over Sept. 30 and Oct. 1 for 3.6 million Southwest shares, an average price of $29.64 each, according to a form he filed with the Securities and ...

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Southwest Director Buys 3.6 Million Shares, Opposes More …

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Oct 3, 2024 · Southwest Airlines Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 million …

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Southwest Director Loads Up Shares Worth $100M Amid Activist

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Oct 3, 2024 · Rakesh Gangwal, director of Southwest Airlines (LUV), has amassed shares worth $100 million in the past few trading sessions amid activist pressure from Elliott Investment …

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Southwest Director Buys 3.6 Million Shares, Opposes More …

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Southwest director buys 3.6 million shares, opposes more leadership changes. Southwest director buys 3.6 million shares, opposes more leadership changes ... -17.36-0.29%. Nasdaq . …

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Southwest Director Buys 3.6 Mln Shares, Opposes More

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Oct 3, 2024 · Southwest Airlines LUV Director Rakesh Gangwal, who was picked by the company to join its board amid growing pressure from an activist investor, bought more than $100 …

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FAQs about Southwest director buys 3.6 mln shares, opposes more leadership … Coupon?

Why did a director buy a $100 million share of Southwest Airlines?

S outhwest Airlines has been feeling the heat from activist pressure, and one director just bought more than $100 million of shares of the airline. Elliott Management has called for the replacement of Southwest CEO Bob Jordan, and the ouster of Executive Chairman Gary Kelly. ...

How much did Rakesh Gangwal pay for southwest stock?

Upbeat guidance near the end of the month, with the company’s Investor Day, bolstered Southwest stock. Director Rakesh Gangwal paid $106.7 million over Sept. 30 and Oct. 1 for 3.6 million Southwest shares, an average price of $29.64 each, according to a form he filed with the Securities and Exchange Commission. ...

Who owns southwest holdings?

Elliott owns roughly 8% of the shares outstanding and about 11% interest when also including derivatives. In September, Southwest said that Kelly is retiring after the 2025 annual meeting and that the company’s board remains confident in Jordan’s leadership. ...

Did Gangwal buy southwest shares in 2024?

Details surrounding the purchase were included in several Securities and Exchange Commission (SEC) filings published by Southwest on October 2, 2024. Gangwal purchased the shares on September 30, 2024, and October 1, 2024, in a significant sign that he has confidence in the Southwest leadership. ...

What happened to Southwest Airlines CEO Gary Kelly & Bob Jordan?

As part of this overhaul, Southwest revealed last month that executive chairman Gary Kelly would be stepping down, and six other board members would also be retiring. Despite these significant changes, Elliott continues to call for further adjustments, including the removal of CEO Bob Jordan. ...