$30 Million buyback announced by American Eagle Outfitters

American Eagle Outfitters announces that the board authorized an additional 30M shares for repurchase through February 3, 2024.
The retailer says the new buyback allowance brings the shares available for purchase under the company's publicly announced share repurchase authorizations to approximately 37.4M shares.
"Consistent financial performance has led to strong free cash flow and a substantial cash balance even after making investments in our business to fuel future growth. The increased authorization and continuation of our cash dividend policy underscore our confidence in long-term growth initiatives and AEO’s commitment to delivering shareholder returns," notes AEO Jay Schottenstein.
By: Clark Schultz, SA News Editor
Your Intro To Penny Stock Trading Success...

Sign Up for our 100% Free Email Newsletter:

Text Message Alerts ---> text 'PS101' to 67076
(It's FREE, however Msg&Data rates may apply.)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out