BRIEF-Citi Trends announces expanded capital return program
April 10 Citi Trends Inc -
* Announces expanded capital return program
* Expects to return approximately $30 million to stockholders over next 12 months
* Increases quarterly dividend by 33.3%
* Authorizes $25 million share repurchase program
* Authorizes $25 million share repurchase program
* A 33.3% increase in its quarterly dividend, from $0.06 to $0.08
* Company expects to fund new share repurchases from cash on hand
* Increase to quarterly dividend will begin with q2 dividend to be paid to stockholders in June 2017 Source text for Eikon: Further company coverage: