Spirit Airlines Announces $100 Million Share Buyback Authorization

MIRAMAR, Fla., Dec. 17, 2014 (GLOBE NEWSWIRE) — Spirit Airlines (Nasdaq:SAVE) announced today that its Board of Directors had authorized the repurchase of up to $100 million in aggregate value of shares of its Common Stock, par value $0.0001 per share, from time to time in open market or privately negotiated transactions over the twelve months ending December 16, 2015. The timing and amount of any stock repurchases will be subject to prevailing market conditions and other considerations.