Shoe Carnival authorizes $50M share repurchase program and declares $0.09 quarterly dividend

SHOE CARNIVAL INC

New $50M share repurchase program authorized, effective Jan 1, 2023, replacing $50M program expiring Dec 31, 2022.
Quarterly cash dividend of $0.09 per share declared, payable Jan 23, 2023 to shareholders of record Jan 9, 2023.
CEO states fiscal 2022 shareholder returns exceeded $40M; over $275M returned in the past decade.
Repurchases may be made in open market or via Rule 10b5-1 plans through Dec 31, 2023.

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