Zale Corp. has announced to realign its $200 million stock repurchase programme, which it had disclosed in November 2007. The company will now add another $100 million to the earlier value. After achieving the $200 million repurchase, Zale intends to retire approximately 11 million shares in total.%% This move explains Zale’s strategy of being committed to the generation of free cash flow through operational efficiencies, refinements in capital expenditures and a reduction in inventory levels. It intends to increase the value add of its shareholders.