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AEO Inc. Announces $200 Million Accelerated Share Repurchase Program

1. AEO announced a $200M accelerated share repurchase agreement, affecting 9.5% of shares. 2. The buyback is part of AEO's existing share repurchase plan.

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$11.0603/17 08:45 AM EDTEvent Start

$12.06503/18 03:17 PM EDTLatest Updated
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FAQ

Why Bullish?

Share repurchase often signifies confidence; historically, such actions lead to stock price appreciation. For instance, in 2021, similar buybacks helped lift AEO's shares.

How important is it?

The buyback reduces share supply, likely boosting investor confidence in AEO's stock value sustainability.

Why Short Term?

Immediate impact expected as buybacks can quickly influence share demand and price. Similar past ASRs have yielded noticeable short-term increases.

Related Companies

PITTSBURGH--(BUSINESS WIRE)--American Eagle Outfitters Inc. (NYSE: AEO) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Bank of America, N.A. to repurchase $200 million of its common stock. This equates to approximately 18.1 million shares, at the closing price on March 14, 2025 and represents approximately 9.5% of the company's fully diluted outstanding stock. The company intends to complete the ASR in connection with its existing share repurchase.

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