Tranche Update on Steven Madden, Ltd.'s Equity Buyback Plan announced on May 10, 2005.
November 09, 2023 at 12:50 pm EST
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From July 1, 2023 to September 30, 2023, the company has repurchased 914,000 shares, representing 1.21% for $31.27 million. With this, the company has completed the repurchase of 34,589,860 shares, representing 38.56% for $1,181.91 million under the buyback announced on May 10, 2005.
Steven Madden, Ltd., and its subsidiaries designs, sources, and markets fashion-forward branded and private label footwear, accessories, and apparel. The Wholesale Footwear segment designs, sources, and markets its brands and sells its products to department stores, mass merchants, off-price retailers, shoe chains, online retailers, national chains, specialty retailers, independent stores, and clubs. The Wholesale Accessories/Apparel segment designs, sources, and markets its brands and sells its products to department stores, mass merchants, off-price retailers, online retailers, specialty retailers, independent stores, and clubs. The Direct-to-Consumer segment consists of Steve Madden and Dolce Vita full-price retail stores, Steve Madden outlet stores. Its Licensing segment is engaged in the licensing of the Steve Madden and Betsey Johnson trademarks for use in the sale of select apparel, accessory, and home categories as well as various other non-core products.
STEVEN MADDEN, LTD. 
