Abercrombie & Fitch 2008 Annual Report Download - page 23

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Table of Contents
The following table provides information regarding the purchase of shares of the Common Stock of
A&F made by or on behalf of A&F or any “affiliated purchaser” as defined in Rule 10b-18(a)(3) under
the Securities Exchange Act of 1934, as amended, during each fiscal month of the quarterly period ended
January 31, 2009:
Total Number of
Shares Purchased as Maximum Number of
Total Number Average Part of Publicly Shares that May Yet Be
of Shares Price Paid Announced Plans or Purchased under the
Fiscal Month Purchased(1) per Share(2) Programs(3) Plans or Programs(4)
November 2,
2008 —
November 29,
2008 884 $ 17.90 — 11,346,900
November 30,
2008 — January 3,
2009 1,515 $ 18.96 — 11,346,900
January 4, 2009 —
January 31, 2009 420,594 $ 23.07 — 11,346,900
Totals 422,993 $ 23.05 — 11,346,900
(1) Included in the total number of shares of A&F’s Common Stock purchased during the quarterly
period (thirteen-week period) ended January 31, 2009 were an aggregate of 422,993 shares which
were withheld for tax payments due upon the vesting of employee restricted stock units and restricted
stock awards. The amount shown for the fiscal month from January 4, 2009 to January 31, 2009
includes 419,500 shares withheld to satisfy the tax withholding obligation upon the vesting of the
1,000,000 career share award made to the Company’s Chairman and Chief Executive Officer
pursuant to the Amended and Restated Employment Agreement, dated as of January 30, 2003, with
A&F.
(2) The average price paid per share includes broker commissions, as applicable.
(3) There were no shares purchased pursuant to A&F’s publicly announced stock repurchase
authorizations during the quarterly period (thirteen-week period) ended January 31, 2009. On
August 16, 2005, A&F announced the August 15, 2005 authorization by A&F’s Board of Directors to
repurchase 6.0 million shares of A&F’s Common Stock. On November 21, 2007, A&F announced
the November 20, 2007 authorization by A&F’s Board of Directors to repurchase 10.0 million shares
of A&F’s Common Stock, in addition to the approximately 2.0 million shares of A&F’s Common
Stock which remained available under the August 2005 authorization as of November 20, 2007.
(4) The figure shown represents, as of the end of each period, the maximum number of shares of
Common Stock that may yet be purchased under A&F’s publicly announced stock repurchase
authorizations described in footnote 3 above. The shares may be purchased, from time-to-time,
depending on market conditions.
During Fiscal 2008, A&F repurchased approximately 0.7 million shares of A&F’s Common Stock
with a value of approximately $50.0 million. During Fiscal 2007, A&F repurchased approximately
3.6 million shares of A&F’s Common Stock with a value of approximately $287.9 million. A&F did not
repurchase any shares of A&F’s Common Stock during Fiscal 2006. Both the Fiscal 2008 and the Fiscal
2007 repurchases were pursuant to A&F Board of Directors’ authorizations. As shown in the table set
forth above, A&F did not repurchase any shares of A&F’s Common Stock during the fiscal quarter ended
January 31, 2009 pursuant to the publicly announced stock purchase authorizations.
21
Source: ABERCROMBIE & FITCH CO /DE/, 10-K, March 27, 2009 Powered by Morningstar® Document Research℠