American Eagle (AEO) has released an update to notify the public and investors about a regulation fd disclosure.
American Eagle Outfitters, Inc. announced that its board of directors has approved a new share repurchase program, authorizing the buyback of 30 million shares of common stock. This program supersedes the existing repurchase program. The details of the program were released in a press release, which is considered furnished information and not filed under the Securities Exchange Act of 1934.
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For a comprehensive understanding of the announcement, you can read the full document here.
