Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market Information and Holders
A&F’s Class A Common Stock, $0.01 par value (“Common Stock”) is traded on the New York Stock Exchange under the symbol “ANF.” As of March 31, 2025, there were approximately 2,200 stockholders of record. However, when including investors holding shares of Common Stock in broker accounts under street name, A&F estimates that there were approximately 215,300 stockholders.
Performance Graph
The following graph shows the changes, over the five-year period ended February 1, 2025 (the last day of A&F’s Fiscal 2024) in the value of $100 invested in (i) shares of Common Stock; (ii) Standard & Poor’s 500 Stock Index (the “S&P 500”); and (iii) Standard & Poor’s Apparel Retail Composite Index (the “S&P Apparel Retail”), including reinvestment of dividends. The plotted points represent the closing price on the last trading day of the fiscal year indicated.
PERFORMANCE GRAPH (1)
COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*
Among A&F, the S&P 500 Index and the S&P Apparel Retail Index
02/01/20 01/30/21 01/29/22 01/28/23 02/03/24 02/01/25
A&F $ 100.00 $ 143.43 $ 226.87 $ 169.79 $ 680.60 $ 742.21
S&P 500 100.00 117.23 141.84 132.41 163.95 202.41
S&P Apparel Retail 100.00 109.13 120.83 144.39 174.93 214.25
* $100 invested on February 01, 2020, including reinvestment of dividends.
Copyright© 2025 Standard & Poor’s, a division of S&P Global. All rights reserved.
(1) This performance graph shall not be deemed to be “soliciting material” or to be “filed” with the SEC or subject to Regulation 14A or to the liabilities of Section 18 of the Exchange Act, except to the extent that A&F specifically requests that the performance graph be treated as soliciting material or specifically incorporates it by reference into a filing under the Securities Act or the Exchange Act.
Abercrombie & Fitch Co. 27
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Equity Securities
The following table provides information regarding the purchase of shares of Common Stock made by or on behalf of A&F or any “affiliated purchaser” as defined in Rule 10b-18(a)(3) under the Exchange Act during each fiscal month of the thirteen weeks ended February 1, 2025:
Period (fiscal month) Total Number of Shares Purchased (1)
Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2)
Maximum Number of Shares (or Approximate Dollar Value) that May Yet Be Purchased Under the Plans or Programs (3)
November 3, 2024 through November 30, 2024 887 $ 144.64 — $ 102,378,203
December 1, 2024 through January 4, 2024 395,178 148.05 391,975 44,342,876
January 5, 2024 through February 1, 2025 300,172 139.80 300,172 2,378,213
Total 696,237 $ 144.49 692,147 2,378,213
(1) An aggregate of 4,090 shares of A&F’s Common Stock purchased during the thirteen weeks ended February 1, 2025 were withheld for tax payments due upon the vesting of employee restricted stock units.
(2) On November 23, 2021, we announced that the Board of Directors approved a $500 million share repurchase authorization (the “2021 Authorization”).
(3) The number shown represents, as of the end of each period, the approximate dollar value of Common Stock that may yet be purchased under A&F’s publicly announced stock repurchase authorization described in footnote 2 above. As described below, on March 5, 2025, the Company announced that the Board of Directors authorized the 2025 Authorization (defined below). The 2025 Authorization replaced the 2021 Authorization and shares may no longer be repurchased pursuant to the 2021 Authorization.
On March 5, 2025, the Company announced that the Board of Directors authorized a new $1.3 billion share repurchase program (the “2025 Authorization”), which replaced the 2021 Authorization. The 2025 Authorization does not have an expiration date. Under the 2025 Authorization, the Company may repurchase shares from time to time in open market or private transactions in such manner as may be deemed advisable from time to time (including, without limitation, pursuant to accelerated share repurchase programs, one or more 10b5-1 trading plans, or any other method deemed advisable) and may be discontinued at any time. The timing and amount of any such repurchases will be determined based on an evaluation of market conditions, the Company’s share price, legal requirements, and other factors.
Item 6. [Reserved]
Abercrombie & Fitch Co. 28
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