Shoe Carnival authorizes $50M share repurchase program, declares $0.12 quarterly dividend

SHOE CARNIVAL INC

New $50 million share repurchase program effective Jan 1, 2024 through Dec 31, 2024, replacing expiring $50M program.
Quarterly cash dividend of $0.12 per share declared, payable Jan 22, 2024 to holders of record Jan 8, 2024.
This marks the 47th consecutive quarterly dividend; company highlights strong cash flow and capital structure.
Repurchases may be made in open market or privately negotiated transactions; Rule 10b5-1 plan possible.

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