Rakesh Gangwal Spends US$107m Buying Southwest Airlines …
WEB20 hours ago · Those following along with Southwest Airlines Co. will no doubt be intrigued by the recent purchase of shares by insider Rakesh Gangwal, who spent a stonking US$107m on stock at an average price of US$29.64. That purchase boosted their holding by 57,043%, which makes us wonder if the move was inspired by quietly confident deeply-felt optimism.
Southwest Airlines (LUV) Stock Rises After Billionaire Gangwal’s …
WEB5 days ago · Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s stock ...
Southwest Air Rises After Billionaire Gangwal Buys $108 Million …
WEB5 days ago · LUV. (Bloomberg) -- Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the ...
Rakesh Gangwal Buys Southwest Airlines Shares Worth $108 …
WEB4 days ago · Rakesh Gangwal, co-founder of IndiGo, has acquired 3.6 million shares of American carrier Southwest Airlines for USD 108 million. An aviation industry veteran, Gangwal joined Southwest in July this year amid Elliott Investment Management, one of the airline's largest shareholders, seeking sweeping changes at the carrier.
SOUTHWEST AIRLINES ANNOUNCES APPOINTMENT OF RAKESH GANGWAL…
WEBDALLAS, July 8, 2024 /PRNewswire/ -- The Board of Directors of Southwest Airlines Co. (NYSE: LUV) ("Southwest") (the "Company") has appointed Rakesh Gangwal as a member of the Board, effective July 7. Gangwal has deep and extensive airline industry experience and is the co-founder of India's largest airline by …
Southwest director buys 3.6 million shares, opposes more …
WEB5 days ago · 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 in stock and said...
Southwest Airlines director buys $100 million in stock to fight ...
WEB5 days ago · Reuters reports that board of directors member Rakesh Gangwal, the founder of the Indian budget airline Indigo, purchased a $100 million block of shares of the company.
Southwest director backs CEO after making $100M investment
WEB5 days ago · The new Southwest director and IndiGo co-founder Rakesh Gangwal has purchased 3.6 million shares in the airline, valued at over $100 million. Details surrounding the purchase were included in several Securities and Exchange Commission (SEC) filings published by Southwest on October 2, 2024.
SOUTHWEST AIRLINES COMMENTS ON ELLIOTT …
WEBAug 14, 2024 · As part of its continued refreshment efforts, the Board has appointed a total of eight new independent and highly qualified Directors over the last three years, including the recent addition of experienced airline executive and entrepreneur Rakesh Gangwal.
Rakesh Gangwal buys $108 million of shares in Southwest Airlines
WEB4 days ago · Southwest Airlines Co. shares are climbing after board member and billionaire co-founder of InterGlobe Aviation Ltd., Rakesh Gangwal, purchased about $107 million worth of the company’s stock ...
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