The board of directors of Shoe Carnival has extended the expiration date of its $25.0 million share repurchase program to Dec. 31, 2013. The program is being funded by cash on hand, and shares can be purchased on the open market or through private deals. The total number and value of the shares to be repurchased hasn't been set out; it depends on the performance of the company's stock and other market conditions. As of Jan. 2, $20.3 million of the authorization was available for future repurchases. The repurchase program was originally approved on Aug. 23, 2010.

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