ALLEGIANT TRAVEL COMPANY ANNOUNCES THE REPURCHASE OF SHARES OF ALLEGIANT STOCK FROM CHAIRMAN AND CEO MAURY GALLAGHER
Las Vegas. Sept. 11, 2014 — Allegiant (NASDAQ: ALGT ) today announced the Company has purchased 200,000 shares of Allegiant company stock from CEO Maury Gallagher as part of the Company’s stock repurchase program. The price paid was $126.20 per share, based on the average closing price over the five days preceding the transaction. Mr. Gallagher plans to use the proceeds to fund cash investment requirements for other ventures he is pursuing personally. “I remain as committed to Allegiant as the day I started the company,“ stated Maurice J. Gallagher