Republic Repurchases Common Shares

Following the lead of SkyWest and Mesa in repurchasing stock, Republic Airways Holdings is purchasing two million shares of common stock from its former majority stockholder, WexAir LLC. Related Story The repurchase of the stock is at par value of $.001 at a price of $20.50 per share, a sum that totals $41 million. Once the transaction is completed on March 21, Republic will have about 41.1 million shares of common stock outstanding.