Shoe Carnival (SCVL) Declares $0.075 Quarterly Dividend; Approves $50M Buyback
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Shoe Carnival Announces New $50 Million Share Repurchase Program and Declares Quarterly Cash Dividend
December 19, 2017 4:05 PM ESTEVANSVILLE, Ind.--(BUSINESS WIRE)-- Shoe Carnival, Inc. (NASDAQ: SCVL), a leading retailer of moderately priced footwear and accessories, today announced that its Board of Directors authorized a new share repurchase program for up to $50 million of its outstanding common stock, effective January 1, 2018. In addition, its Board of Directors approved the payment of a quarterly cash dividend of $0.075 per share to be paid on January 22, 2018, to shareholders of record as of the close of business on January 8, 2018.
The new share repurchase program will replace the existing $50 million share repurchase program that was authorized... More
