−Removed: MARKET FOR THE REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
+Added: MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Our common stock is traded on The NASDAQ Stock Market under the symbol “CTRN.” On March 15, 2023, there were 8 holders of record and approximately 7,000 beneficial holders of our common stock.
−Removed: 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.
+Added: On April 28, 2020, the Company announced it would suspend quarterly cash dividends.
Any determination to declare and pay cash dividends in the future will be made by the Company’s board of directors.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers.
−Removed: 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:
−Removed: Total number of
−Removed: Maximum number (or
−Removed: shares purchased as
−Removed: approximate dollar value)
−Removed: part of publicly
−Removed: of shares that may yet be
−Removed: announced plans or
−Removed: purchased under the
−Removed: per share (1)
−Removed: plans or programs (2)
−Removed: November (10/31/21 - 11/27/21)
−Removed: December (11/28/21 - 1/1/21)
−Removed: January (1/2/22 - 1/29/22)
−Removed: (1) Includes commissions for the shares repurchased under the stock repurchase program.
−Removed: (2) On November 30, 2021, the Company announced that its board of directors approved a $30 million stock repurchase program.
−Removed: On March 15, 2022, the Company announced that its board of directors approved an additional $30 million stock repurchase program.
−Removed: The stock repurchase programs do not have expiration dates.
+Added: During fiscal 2022, we repurchased approximately 331,000 shares of our common stock at an aggregate purchase price of $10.0 million.
+Added: We did not repurchase any shares of our common stock during the fourth quarter of fiscal 2022.
+Added: As of January 28, 2023, approximately $50.0 million remained available under our previously announced share repurchase programs.
Equity Compensation Plan Information.
1 unchanged sentence
Stock Performance Graph
−Removed: Set forth below is a line graph comparing the last five years’ percentage change in the cumulative total stockholder return on shares of our common stock against the cumulative total returns of the Russell 2000 Index and the NASDAQ Retail Trade Index.
−Removed: This graph assumes that $100 was invested on January 31, 2017 in our common stock and in each of the market index and the industry index, and that all cash distributions were reinvested.
+Added: Set forth below is a line graph comparing the last five years’ percentage change in the cumulative total stockholder return on shares of our common stock against the cumulative total returns of the Russell 2000 Index, the NASDAQ Retail Trade Index and the Dow Jones US Specialty Retailers Index.
+Added: We have elected to replace the NASDAQ Retail Trade Index with the Dow Jones US Specialty Retailers Index because the former is no longer deemed to be a widely recognized index.
+Added: This graph assumes that $100 was invested on January 31, 2018 in our common stock and in each of the market index and the industry indexes, and that all cash distributions were reinvested.
Our common stock price performance shown on the graph is not indicative of future price performance.
1 unchanged sentence
Citi Trends, Inc.
−Removed: Russell 2000 Index
NASDAQ Retail Trade
+Added: Dow Jones US Specialty Retailers
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.