Aeropostale adds $250 million for share buybacks

AP News
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Posted: Dec 07, 2009 5:33 PM

Teen clothing retailer Aeropostale Inc. said Monday it added $250 million to its share-buyback program, raising the amount available to $290 million.

Aeropostale operates more than 900 stores that sell clothing and accessories aimed at teens from 14 through 17.

The shares rose $1.25, or 4.3 percent, to $30.20. Over the past year, the stock has traded between $16.17 and $44.85.