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Subsequent event
12 Months Ended
Feb. 01, 2013
Subsequent event  
Subsequent event

 

15. Subsequent event

        On March 19, 2013, the Company's Board of Directors authorized a $500 million increase in the common stock repurchase program discussed in Note 2. The repurchase authorization has no expiration date and allows repurchases from time to time in the open market or in privately negotiated transactions, which could include repurchases from Buck Holdings, L.P. or other related parties if appropriate. The timing and number of shares purchased depends on a variety of factors, such as price, market conditions and other factors. Repurchases under the program may be funded from available cash or borrowings under the ABL Facility discussed in Note 6.