other material
confidence high
sentiment positive
materiality 0.55
Shoe Carnival authorizes new $50M buyback; declares $0.135 quarterly dividend
SHOE CARNIVAL INC
- New $50M share repurchase program effective Jan 1, 2025, replacing $50M program expiring Dec 31, 2024.
- Quarterly cash dividend of $0.135 per share payable Jan 27, 2025 to holders of record Jan 13, 2025.
- 51st consecutive quarterly dividend; company highlights debt-free operations and solid cash flow.
- Repurchases may be made via open market or private deals through Dec 31, 2025; Rule 10b5-1 plans permitted.