1 unchanged sentence
Our common stock is traded on The NASDAQ Stock Market under the symbol “CTRN.” On March 15, 2022, there were 35 holders of record and approximately 10,000 beneficial holders of our common stock.
−Removed: On March 17, 2020, we paid a dividend of $0.08 per common share.
−Removed: On April 28, 2020, we announced the suspension of future cash dividends.
+Added: On April 28, 2020, the Company announced the suspension of future cash dividends due to the current economic uncertainty stemming from the COVID-19 pandemic.
Any determination to declare and pay cash dividends in the future will be made by the Company’s board of directors.
−Removed: Recent Sales of Unregistered Securities.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers.
−Removed: On March 13, 2020, the Company announced that its board of directors approved a $30.0 million stock repurchase program.
−Removed: Due to the uncertainty stemming from the COVID-19 pandemic, on March 23, 2020, the Company temporarily suspended any repurchases.
−Removed: On September 14, 2020, the Company announced the reinstatement of this program.
−Removed: On December 22, 2020, the Company announced that its board of directors approved an additional $30.0 million stock repurchase program.
The number of shares of common stock that we repurchased during the fourth quarter of fiscal 2021 and the average price paid per share are as follows:
5 unchanged sentences
of shares that may yet be
−Removed: Total number of
−Removed: Average price
announced plans or
−Removed: purchased under the plans
−Removed: shares purchased
−Removed: paid per share (1)
−Removed: or programs (2)
+Added: purchased under the
+Added: per share (1)
+Added: plans or programs (2)
November (10/31/21 - 11/27/21)
2 unchanged sentences
(1) Includes commissions for the shares repurchased under the stock repurchase program.
−Removed: (2) On March 13, 2020, the Company announced that its board of directors approved a $30.0 million stock repurchase program.
−Removed: On December 22, 2020, the Company announced that its board of directors approved an additional $30.0 million stock repurchase program.
−Removed: Neither program has an expiration date.
−Removed: In the first quarter of fiscal 2021, the Company has continued to repurchase shares under these stock repurchase programs.
−Removed: In addition, the Company completed a b lock repurchase of 250,000 shares on March 23, 2021 for an aggregate purchase price of $21.9 million.
+Added: (2) On November 30, 2021, the Company announced that its board of directors approved a $30 million stock repurchase program.
+Added: On March 15, 2022, the Company announced that its board of directors approved an additional $30 million stock repurchase program.
+Added: The stock repurchase programs do not have expiration dates.
Equity Compensation Plan Information.
4 unchanged sentences
Our common stock price performance shown on the graph is not indicative of future price performance.
−Removed: COMPARISON OF 5 YEAR CUMULATIVE TOTAL RETURN*
−Removed: Among Citi Trends, Inc., the Russell 2000 Index and the NASDAQ Retail Trade Index
−Removed: *$100 invested on 1/31/16 in stock or index, including reinvestment of dividends .
Total Return Analysis
2 unchanged sentences
NASDAQ Retail Trade
−Removed: SELECTED FINANCIAL DATA
−Removed: The selected financial data previously required by Item 301 of Regulation S-K has been omitted in reliance on SEC Release No.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.