AEO authorizes 30M share repurchase program through 2029, replacing expiring program

AMERICAN EAGLE OUTFITTERS INC

Board approved repurchase of up to 30M shares of common stock through February 3, 2029.
New authorization replaces existing program expiring February 3, 2024.
Company repurchased approximately 1M shares in fiscal 2023.
Follows 25% increase in quarterly cash dividend announced in December 2023.
CEO cites improved financial performance and healthy balance sheet as rationale.

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