Children's Place (PLCE) Announces $250M Repurchase, Declares Dividend

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Go back to Children's Place (PLCE) Announces $250M Repurchase, Declares Dividend

The Children's Place Expands Capital Return Program

December 8, 2015 7:03 AM EST

Increases Authorized Stock Repurchases by $250 Million

Declares Quarterly Dividend

SECAUCUS, N.J., Dec. 8, 2015 (GLOBE NEWSWIRE) -- The Children's Place, Inc. (Nasdaq: PLCE), the largest pure-play children's specialty apparel retailer in North America, today announced that its Board of Directors has approved a new $250 million share repurchase program and has declared a quarterly dividend.

Jane Elfers, President and Chief Executive Officer, commented, "Since 2009, we have returned over $582 million to shareholders through share repurchases and dividends. The continuation of our quarterly dividend... More