Footwear retailer Genesco Inc (NYSE: GCO) has announced a voluntary program to allow shareholders owning fewer than 100 shares of Genesco common stock either to sell all of their shares or purchase enough additional shares to increase their holdings to 100 shares. Participating shareholders will receive or pay a market-based price per share, which will be uniformly applied during the program period. The program is effective from July 17, 2000 until August 21, 2000, unless extended by the company.Genesco will pay the commission and all processing charges on the sale or purchase of shares in the program. The program is being administered by Georgeson Shareholder Communications Inc. Materials containing the official terms of the program will be mailed to eligible shareholders and may be obtained by contacting Georgeson Shareholder Communications Inc. at (800) 498-3032. Participants should also direct questions regarding the program to Georgeson Shareholder Communications Inc.Genesco, based in Nashville, operates 724 footwear retail stores in the US, principally under the names Journeys, Johnston & Murphy and Jarman. The company also sells footwear at wholesale under its Johnston & Murphy brand and under the licensed Dockers and Nautica brands. Additional information on Genesco and its operating divisions may be accessed at its website

Subscribe to Just Style

Join over 70,000 apparel industry professionals by unlocking full access for just £1 (plus VAT if applicable)

Already a Member? Login here

Just Style membership gives you:

  • Unlimited access to Just Style content including in-depth analysis, exclusive blogs, industry executive interviews and management briefings
  • Unbeatable market coverage from apparel sourcing and supply chain issues, to emerging markets and manufacturing
  • Unrivalled apparel industry comment from journalists including Leonie Barrie, Michelle Russell, Hannah Abdulla and Beth Wright.
Want multi-user access? Explore our multi-user & corporate memberships

70% of the apparel and textile companies in the Forbes Global 2000 use Just Style

Find out more