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Southwest Airlines Amends Agreement with Elliott Investment

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Southwest Airlines Amends Agreement with Elliott Investment

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The latest announcement is out from Southwest Airlines ( (LUV) ).

On February 19, 2025, Southwest Airlines amended its Cooperation Agreement with Elliott Investment Management, increasing Elliott’s potential economic exposure in the airline’s stock from 14.9% to 19.9%. The agreement also maintains restrictions on Elliott’s beneficial ownership until April 2026. Additionally, Ryan Green, the company’s Executive Vice President & Chief Transformation Officer, announced his resignation effective April 1, 2025, which marks a significant leadership change for Southwest Airlines.

More about Southwest Airlines

Southwest Airlines Co. operates in the airline industry, providing air transportation services for passengers and cargo. It is known for its low-cost carrier model and serves various destinations across the United States and internationally.

YTD Price Performance: -9.26%

Average Trading Volume: 7,390,788

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $17.95B

See more data about LUV stock on TipRanks’ Stock Analysis page.

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