Casual apparel and footwear retailer The Buckle Inc (NYSE:BKE - news) has announced that its board has approved the repurchase of up to 500,000 shares of its common stock.

The company said it would look to buy back the shares over a period of time either on the open market or through private transactions.

In a statement the company announced that the timing of repurchase would depend on both financial and market conditions.