Carlberg Promoted at The Buckle

by MR Magazine Staff

NEW YORK – Robert M. Carlberg has been promoted to vice president of men’s merchandising at The Buckle, the Kearney, Neb.-based specialty store chain.

Carlberg has been with the company for 23 years, most recently as men’s merchandiser. He has served as a store manager and area and district leader during his tenure with the company.

The Buckle’s board of directors voted Tuesday to grant shareholders a special $3.00 per share one-time cash dividend, payable on Jan. 2, and also to enact a 3-for-2 stock split, payable in the form of stock dividend, on Jan. 3. The additional shares will be issued on or about Jan. 15. Fractional shares will be resolved through cash distributions.

The board additionally authorized the payment of a 20 cent a share quarterly dividend to shareholders of record Jan. 15. The dividend will be paid on Jan. 29. With the split earlier in the month, the increase in dividend payments will effectively be 50%.

The Buckle sells casual apparel, footwear and accessories for young men and women through 354 stores in 38 states.