Children's Place (PLCE) Raises Quarterly Dividend 100% to $0.40; 1.6% Yield

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Go back to Children's Place (PLCE) Raises Quarterly Dividend 100% to $0.40; 1.6% Yield

The Children's Place (PLCE) PT Raised to $122 at Citi

March 9, 2017 9:10 AM EST

Citi raised its price target on The Children's Place (NASDAQ: PLCE) to $122.00 (from $111.00) while maintaining a Neutral rating.

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Children's Place (PLCE) Announces New $250M Share Buyback; Increases Quarterly Divided by $0.20 to $0.40

March 8, 2017 7:07 AM EST

The Childrens Place, Inc. (NASDAQ: PLCE) today announced that its Board of Directors has approved a new $250 million share repurchase program and has increased the Companys quarterly dividend to $0.40 per share from $0.20 per share.

Jane Elfers, President and Chief Executive Officer, commented, "Since 2009, we have returned over $790 million to shareholders through share... More