Urban Outfitters Announces Approval of Additional 10 Million Shares Under Its Share Repurchase Program

Urban Outfitters URBN today announced that its Board of Directors has authorized the repurchase of an additional 10 million common shares. Pursuant to this program, the Company, at its discretion, may repurchase shares of its common stock from time to time, subject to market conditions and at prevailing market prices. The Company has repurchased all of the shares available under its previous share repurchase program, including the 10,000,000 common shares authorized by the Board of Directors on November 16, 2010.