Abercrombie & Fitch 2010 Annual Report Download - page 32

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Table of Contents
(1) An aggregate of 19,734 shares of Common Stock were deemed purchased during the quarterly period (thirteen-week period)
ended January 29, 2011 representing shares which were withheld for tax payments due upon the vesting of employee restricted
stock unit and restricted stock awards and exercise of employee stock appreciation rights. All other shares of A&F's Common
Stock purchased during the quarterly period were purchased pursuant to A&F's publicly announced stock repurchase
authorizations described in footnote 3 below.
(2) The average price paid per share includes broker commissions, as applicable.
(3) The reported shares were purchased pursuant to A&F's publicly announced stock repurchase authorizations. 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. As of January 29, 2011, all of the
shares authorized for repurchase under the August 2005 authorization had been repurchased.
(4) The number shown represents, as of the end of each period, the maximum number of shares of A&F's Common Stock that may
yet be purchased under A&F's publicly announced stock repurchase authorizations described in footnote 3 above. As of
January 29, 2011, shares may only be repurchased under the November 20, 2007 authorization described in footnote 3 above. The
shares may be purchased, from time-to-time, depending on market conditions.
During Fiscal 2010, A&F repurchased approximately 1.6 million shares of A&F's Common Stock in the open market with a cost
of approximately $76.2 million. A&F did not repurchase any shares of A&F's Common Stock in the open market during Fiscal 2009.
During Fiscal 2008, A&F repurchased approximately 0.7 million shares of A&F's Common Stock in the open market with a cost of
approximately $50.0 million. Both the Fiscal 2010 and the Fiscal 2008 repurchases were pursuant to authorizations of A&F's Board of
Directors.
29