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Gangwal, Southwest Airlines
Rakesh Gangwal buys $108 million of shares in Southwest Airlines
In a series of transactions disclosed over seven filings, Gangwal acquired 3.6 million of the carrier’s common shares for roughly $29 apiece.
Southwest Air Rises After Billionaire Gangwal Buys $108 Million of Shares
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, according to Securities and Exchange Commission filings on Thursday.
Rakesh Gangwal invests over $100 million in Southwest Airlines shares
According to filings with the Securities and Exchange Commission, Gangwal bought the shares between September 30 and October 1, at prices ranging from $29 to $30 per share. This move aligns Gangwal's interests closely with those of Southwest's shareholders,
AeroTime
16h
New Southwest director backs leadership after making $100 million investment
The new Southwest director and IndiGo co-founder Rakesh Gangwal has purchased 3.6 million shares in the airline and backed ...
Aviation Week
9h
Southwest Director Buys Over $100M In Stock, Wary Of Further Turnover
Southwest Director Buys Over $100M In Stock, Wary Of Further Turnover is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN ...
11h
IndiGo's Gangwal buys $100 million stake in Southwest
Rakesh Gangwal, co-founder of IndiGo, purchased $100 million worth of Southwest shares, between $29 and $30 each, following a ...
Flightglobal
8d
Southwest’s feud with Elliot heats up ahead of investor day
Southwest Airlines' increasingly acrimonious public feud with minority shareholder Elliot Investment Management has heated up ...
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