UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report: June 18, 2013

(Date of earliest event reported)

 

STEVEN MADDEN, LTD.

(Exact Name of Registrant as Specified in Charter)

 

Delaware   000-23702   13-3588231
(State or Other Jurisdiction
of Incorporation)		   (Commission File Number)   (IRS Employer
Identification No.)

 

52-16 Barnett Avenue, Long Island City, New York 11104
(Address of Principal Executive Offices)     (Zip Code)

 

Registrant’s telephone number, including area code: (718) 446-1800

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

£ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
£ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
£ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
£ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 
 

 

Item 8.01. Other Events.

 

On June 18, 2013, the Board of Directors of Steven Madden, Ltd. (the “Company”) approved a continuation of the Company’s stock repurchase program for up to an additional $125 million in repurchases of the Company’s common stock. Repurchases will be made from time to time on the open market at prevailing market prices or in privately negotiated transactions (at prices no higher than the prevailing market price) at the Company’s discretion, and funded from existing cash. The Company has repurchased 6.352 million shares for approximately $154.4 million since the inception of the stock repurchase plan in 2004. Repurchased shares will be used for general corporate purposes, such as acquisitions and the Company’s stock incentive plan. The stock repurchase program does not have a fixed expiration or termination date and may be modified or terminated by the Board of Directors at any time.

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: June 24, 2013

 

  STEVEN MADDEN, LTD.
   
  By:  /s/ Edward R. Rosenfeld
    Edward R. Rosenfeld
    Chief Executive Officer