AEO's $200M Accelerated Repurchase Plan to Boost Shareholders' Value

American Eagle Outfitters, Inc.’s (AEO) Powering Profitable Growth Plan has been progressing well. The company’s shareholder-friendly moves to boost value have been encouraging.In the latest action, the company has made an accelerated share repurchase agreement (ASR) with Bank of America to buy back $200 million of its common stock. This equates to roughly 18.1 million shares at the closing price on March 14, 2025, hence representing roughly 9.5% of its wholly diluted outstanding stock. AEO intends to compl ...