Shoe Carnival rises on declaring quarterly cash dividend, new share repurchase program

Shoe Station

12/12/2025 11:36

** Shares of family footwear retailer Shoe Carnival SCVL.O rise nearly 3.2% to about $19 premarket

** SCVL approves a quarterly cash dividend of $0.15 per share to be paid on January 26, 2026

** Co authorizes a new share repurchase program for up to $50 mln of its outstanding common stock, effective January 1, 2026

** New authorization in addition to previous $50 mln program, which expires on December 31, 2025

** Average rating of three brokerages is 'buy'; their median PT is $21.5, according to data compiled by LSEG

** As of last close, shares down 44.4% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))