The Buckle, Inc. : Announces a $1.75 Per Share Special Cash Dividend, a $0.25 Per Share Regular Quarterly Dividend and the Election of Thomas B. Heacock to the Company’s Board of Directors
December 05, 2017 at 06:56 am EST
Share
The Buckle, Inc. (NYSE: BKE) announced that at its quarterly meeting of
the Board of Directors, held on December 4, 2017, the Board authorized a
$1.75 per share special cash dividend to be paid to shareholders of
record at the close of business on January 12, 2018. The Board also
authorized a $0.25 per share quarterly dividend to be paid to
shareholders of record at the close of business on January 12, 2018. The
$1.75 per share special cash dividend and the $0.25 per share regular
quarterly dividend are payable on January 26, 2018 and will be paid
together.
The Company also announced that at its December 4, 2017 quarterly
meeting, the Board of Directors elected Thomas B. Heacock as a member of
the Company’s Board of Directors effective immediately. Mr. Heacock
currently serves the Company as Vice President of Finance, Treasurer and
Chief Financial Officer, a position he has held since July 20, 2017. He
has been employed by the Company since October 2003 and served as Vice
President of Finance, Treasurer and Corporate Controller prior to his
election as Chief Financial Officer. Mr. Heacock will continue to serve
as a member of the Board’s Executive Committee.
About Buckle
Offering a unique mix of high-quality, on-trend apparel, accessories,
and footwear, Buckle caters to fashion-conscious young men and women.
Known as a denim destination, each store carries a wide selection of
fits, styles, and finishes from leading denim brands, including the
Company’s exclusive brand, BKE. Headquartered in Kearney, Nebraska,
Buckle currently operates 462 retail stores in 44 states.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995; All forward-looking statements made by the Company involve
material risks and uncertainties and are subject to change based on
factors which may be beyond the Company's control. Accordingly, the
Company's future performance and financial results may differ materially
from those expressed or implied in any such forward-looking statements.
Such factors include, but are not limited to, those described in the
Company's filings with the Securities and Exchange Commission. The
Company does not undertake to publicly update or revise any
forward-looking statements even if experience or future changes make it
clear that any projected results expressed or implied therein will not
be realized.
News releases and other information about The Buckle, Inc. can be found
on the Internet at www.buckle.com.
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The Buckle, Inc. is a retailer of casual apparel, footwear, and accessories. The Company operates approximately 440 retail stores in 42 states. The Company markets a wide selection of casual apparel including denim, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. It also provides customer services, such as free hemming, free gift-packaging, easy layaways, the Buckle private label credit card, and a guest loyalty program. The Company offers denims from brands such as Miss Me, Rock Revival, KanCan, Hidden, Flying Monkey, Levi's, Preme, Smoke Rise, Ariat, Good American, and Wrangler. Other key brands include Hurley, Billabong, Affliction, American Fighter, Sullen, Howitzer, Oakley, Fox, RVCA, 7 Diamonds, Nixon, Free People, Z Supply, Salt Life, White Crow, Brew City, Reef, Stance, Versace Cologne, American Highway, Eight X, Pendelton, Hooey, Goorin Bros., Old Row, Timberland, Teva, Kimes Ranch, SOREL, Hey Dude, Steve Madden, Dolce Vita, and SAXX.
The Buckle, Inc. : Announces a $1.75 Per Share Special Cash Dividend, a $0.25 Per Share Regular Quarterly Dividend and the Election of Thomas B. Heacock to the Company’s Board of Directors