American Airlines Group Inc. (NasdaqGS:AAL) announces a share repurchase program. Under the program, the company will repurchase up to $2,000 million of its shares. Repurchases will be made through a variety of methods, which may include open market purchases, privately negotiated transactions, block trades or accelerated share repurchase transactions.

Any such repurchases will be made from time to time subject to market and economic conditions, applicable legal requirements and other relevant factors. The program does not obligate the company to repurchase any specific number of shares or continue a dividend for any fixed period. The repurchase program may be suspended at any time at management's discretion.

The share repurchase program is valid until December 31, 2016.