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Non-Tech : American Eagle Outfitters

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To: Rob S. who wrote (292)2/24/2000 3:44:00 PM
From: Chuzzlewit  Read Replies (1) of 325
 
Thursday February 24, 9:30 am Eastern Time

Company Press Release

SOURCE: American Eagle Outfitters, Inc.

American Eagle Outfitters Announces Share Repurchase Program

WARRENDALE, Pa., Feb. 24 /PRNewswire/ -- Today the Board of Directors of American Eagle Outfitters, Inc. (Nasdaq: AEOS - news) 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."

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