In 2020, Southwest took over 7 billion from the government in payroll support money and was prohibited from paying dividends, buying back shares or raising exec

In 2020, Southwest took over 7 billion from the government in payroll support money and was prohibited from paying dividends, buying back shares or raising executive compensation for more than two years. [0] In 2022, Southwest announces 5.6 billion in stock buy backs [1] and in early December reinstates dividends [2]. This means that Southwest has been sitting on 6 billion for 2 years just waiting for the clock to strike midnight and expire the moratorium on buybacks, dividends and executive compensation [0] https://www.yahoo.com/now/southwest-airlines-received-over-7b-173839536.html https://www.yahoo.com/now/southwest-airlines-received-over-7... [1] https://www.southwestairlinesinvestorrelations.com/~/media/Files/S/Southwest-IR/LUV_2019_Annual%20Report.pdf https://www.southwestairlinesinvestorrelations.com/~/media/F... [2] https://www.southwestairlinesinvestorrelations.com/news-and-events/news-releases/2022/12-07-2022-114528327 https://www.southwestairlinesinvestorrelations.com/news-and-...