WARRENDALE, Pa., Feb. 24 /PRNewswire/ -- Today the Board of Directors of
American Eagle Outfitters, Inc. (Nasdaq: AEOS) authorized the repurchase of up
to 2.5 million shares of its stock. Repurchases will be made from time to
time at the discretion of the Company. Jay L. Schottenstein, Chairman and CEO
said, "Our decision to repurchase shares reflects our continued confidence in
American Eagle Outfitters and is an appropriate use of corporate funds at this
time."
American Eagle Outfitters, Inc. is a specialty retailer of all-American,
casual apparel, accessories, and footwear for men and women between the ages
of 16 and 34. The Company designs, markets, and sells its own brand of
versatile, relaxed, and timeless classics like AE jeans, khakis, and T-shirts,
providing high quality merchandise at affordable prices. The Company
currently operates 466 stores in 45 states and the District of Columbia.
SOURCE American Eagle Outfitters, Inc.
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Related links:
http://www.ae-outfitters.com
Company News On-Call:
http://www.prnewswire.com/comp/104763.html or fax,
800-758-5804, ext. 104763
CONTACT:
George Kolber or Laura Weil or Judy Meehan of
American Eagle Outfitters, 724-776-4857
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