The Children’s Place Continues Capital Return Program, Declares Quarterly Dividend
Last childrens place earnings: 8/21 07:00 am
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=120577&p=irol-irhome
SECAUCUS, N.J., Aug. 21, 2019 (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 declared a quarterly dividend. Jane Elfers, President and Chief Executive Officer, commented, “The continuation of our quarterly dividend is a further reflection of our confidence in our ability to execute on our strategic initiatives and our continuing commitment to return excess capital to shareholders. The Children’s Place has a profitable business model, which generates strong cash flow. Since 2009, we have repurchased approximately $1.2 billion of our common stock, and since 2014, paid approximately $118 million in dividends.” The Board declared a quarterly cash dividend of $0.56 per share to be paid October 4, 2019 to shareholders of record at the close of business on September 23, 2019. Future declarations of quarterly dividends and the establishment of futu
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PLCE
News
- Children's Place relaunching Gymboree in stores and online in early 2020 [MarketWatch]MarketWatch
- Childrens Place Inc (NASDAQ: PLCE) had its price target raised by analysts at Zacks Investment Research to $106.75.MarketBeat
- Iconic Gymboree Brand Relaunch Planned for Early 2020GlobeNewswire
- Childrens Place Inc (NASDAQ: PLCE) was downgraded by analysts at BidaskClub from a "sell" rating to a "strong sell" rating.MarketBeat
- Childrens Place Inc (NASDAQ: PLCE) was downgraded by analysts at ValuEngine from a "buy" rating to a "hold" rating.MarketBeat
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PLCE
SEC Filings
- 8/27/19 - Form 10-Q
- 8/21/19 - Form 8-K
- 8/12/19 - Form 4
- PLCE's page on the SEC website
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