Tranche Update on Citi Trends, Inc.'s Equity Buyback Plan announced on August 24, 2021.
January 10, 2022 at 05:53 pm IST
Share
From October 31, 2021 to January 10, 2022, the company has repurchased 95,319 shares, representing 1.13% for $7.78 million. With this, the company has completed the repurchase of 367,935 shares, representing 4.18% for $30 million under the buyback announced on August 24, 2021.
Citi Trends, Inc. is a specialty retailer of apparel, accessories and home trends primarily for African American and multicultural families in the United States. The Company operates over 602 stores located in 33 states. It offers a range of merchandise, including a range of apparel for juniors, missy and women (plus size), including sportswear, outerwear, sleepwear, lingerie and scrubs; selection of apparel for men and big men, including sportswear and outerwear; an assortment of basics, fashion and trends for boys up to size 20 and girls up to size 16 and also, sizes for newborns, infants and toddlers, as well as kids uniforms and accessories; fashionable handbags, hats, belts, sunglasses, jewelry and watches for men and women, underwear and socks for the entire family, as well as beauty and fragrance offerings for women and men; home goods for the bedroom, bathroom, kitchen and decorative accessories, and casual and dress footwear in sizes for men, ladies and kids.