The Children's Place Retail Stores, Inc. (NasdaqGS:PLCE) announces a share repurchase program. Under the plan, the company will repurchase up to $100 million worth of its shares. Repurchases will be made in the open market at current market prices at the time of purchase or in privately negotiated transactions.

The timing and actual number of shares repurchased under the program will depend on a variety of factors including price, corporate and regulatory requirements, and other business and market conditions. The program reflects the company's commitment to return excess capital to shareholders and Board confidence in its ability to execute company's growth strategies. The company may suspend or discontinue the program at any time, and may thereafter reinstitute purchases, all without prior announcement.