Shoe Carnival announces $50 million share repurchase program

Shoe Carnival Inc. /zigman2/quotes/203407380/composite SCVL -1.34% said Monday that its board has approved a new $50 million share repurchase program, effective Jan. 1, 2022. The new program will replace a previous $50 million program authorized in December 2020. The company also announced a dividend of 7 cents per share payable to shareholders of record as of Jan. 10, 2022 on Jan. 24, 2022. Shoe Carnival stock has nearly doubled, up 93.8%, for the year, while the S&P 500 index /zigman2/quotes/210599714/realtime SPX +0.21% has gained 23% for the period.

/zigman2/quotes/203407380/composite

Add to watchlist SCVL

Shoe Carnival Inc.

US : U.S.: Nasdaq

$ 25.71

-0.35 -1.34%

Volume: 62,892

Aug. 18, 2022 12:13p

P/E Ratio

5.35

Dividend Yield

1.39%

Market Cap

$718.93 million

Rev. per Employee

$227,494

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,282.93

+8.89 +0.21%

Volume: 2.22B

Aug. 18, 2022 12:13p