LONG ISLAND CITY, N.Y., Sept. 17, 2018 (GLOBE NEWSWIRE) — Steve Madden (SHOO), a arch artist and banker of appearance cossack and accessories for women, men and children, today appear that its Board of Directors has declared a three-for-two banal split, in the anatomy of a banal dividend, of the Company’s outstanding shares of accepted stock.
The banal breach will baptize all stockholders of almanac at the aing of business on October 1, 2018, to accept one added allotment of Steve Madden accepted banal for every two shares of accepted banal captivated on that date. The added shares are accepted to be broadcast to stockholders on or about October 11, 2018, by the Company’s alteration agent. As a aftereffect of the banal split, the cardinal of outstanding shares of the Company’s accepted banal will access to about 87.6 actor shares from about 58.4 actor shares outstanding above-mentioned to the split.
Answers to frequently asked questions apropos the banal breach will be accessible on the Company’s website in the Investor Relations section.
About Steve Madden
Steve Madden designs, sources and markets fashion-forward cossack and accessories for women, men and children. In accession to business articles beneath its own brands including Steve Madden®, Dolce Vita®, Betsey Johnson®, Blondo®, Report®, Brian Atwood®, Cejon®, Mad Love® and Big Buddha®, Steve Madden is a licensee of assorted brands, including Kate Spade®, Superga® and Anne Klein®. Steve Madden additionally designs and sources articles beneath clandestine characterization cast names for assorted retailers. Steve Madden’s broad administration includes administration stores, specialty stores, affluence retailers, civic chains and accumulation merchants. Steve Madden additionally operates 208 retail food (including Steve Madden’s six Internet stores). Steve Madden licenses assertive of its brands to third parties for the business and auction of assertive products, including ready-to-wear, outerwear, affectionate apparel, eyewear, hosiery, jewelry, fragrance, baggage and bedding and ablution products. For bounded abundance advice and the latest Steve Madden booties, pumps, men’s and women’s boots, dress shoes, sandals and more, appointment http://www.stevemadden.com.
This columnist absolution and articulate statements fabricated from time to time by assembly of the Company accommodate assertive “forward attractive statements” as that appellation is authentic in the federal balance laws. The contest declared in advanced attractive statements may not occur. Generally, these statements chronicle to business affairs or strategies, projected or advancing allowances or added after-effects of the Company’s affairs or strategies, projected or advancing allowances from acquisitions to be fabricated by the Company, or projections involving advancing revenues, balance or added aspects of the Company’s operating results. The words “may,” “will,” “expect,” “believe,” “anticipate,” “project,” “plan,” “intend,” “estimate,” and “continue,” and their opposites and agnate expressions are advised to analyze advanced attractive statements. The Company cautions you that these statements affair accepted expectations about the Company’s approaching after-effects and action and are not guarantees of approaching achievement or contest and are accountable to a cardinal of uncertainties, risks and added influences, abounding of which are above the Company’s control, that may access the accurateness of the statements and the projections aloft which the statements are based. Factors which may affect the Company’s after-effects include, but are not bound to, the risks and uncertainties discussed in the Company’s Annual Report on Anatomy 10-K, Quarterly Reports on Anatomy 10-Q and Accepted Reports on Anatomy 8-K filed with the Balance and Exchange Commission. Any one or added of these uncertainties, risks and added influences could materially affect the Company’s after-effects of operations and banking action and whether advanced attractive statements fabricated by the Company ultimately prove to be authentic and, as such, the Company’s absolute results, achievement and achievements could alter materially from those bidding or adumbrated in these advanced attractive statements. The Company undertakes no obligation to about amend or alter any advanced attractive statements, whether as a aftereffect of new information, approaching contest or otherwise.
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