Tranche Update on Caleres, Inc.'s Equity Buyback Plan announced on September 5, 2019.
August 23, 2022 at 04:27 pm EDT
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From May 1, 2022 to July 30, 2022, the company has repurchased 1,083,496 shares, representing 2.89% for $27 million. With this, the company has completed the repurchase of 4,794,596 shares, representing 12.4% for $74.19 million under the buyback announced on September 5, 2019.
Caleres, Inc. is a global footwear company. The Company operates retail shoe stores and e-commerce websites, and designs, develops, sources, manufactures and distributes footwear for people of all ages. The Company operates through two segments: Famous Footwear and Brand Portfolio. The Famous Footwear segment consists of its Famous Footwear retail stores, famousfootwear.com and famousfootwear.ca. The Famous Footwear segment operates over 860 stores selling primarily branded footwear for the entire family. The Brand Portfolio segment includes its wholesale operations that designs, develops, sources, manufactures, markets and distributes branded, licensed and private-label footwear primarily to online retailers, national chains, department stores, independent retailers and mass merchandisers, as well as Company-owned Famous Footwear, Sam Edelman, Naturalizer and Allen Edmonds stores and e-commerce businesses, including naturalizer.com, naturalizer.ca, naturalizer.co.uk and others.
CALERES, INC. 
