Citi trends adopts limited duration stockholder rights plan

Savannah, ga.--(business wire)--citi trends, inc. (nasdaq: ctrn) (“citi trends” or the “company”) today announced that its board of directors (the “board”) has unanimously adopted a limited duration stockholder rights plan (the “rights plan”). the rights plan is intended to enable all stockholders to realize the full value of their investment in citi trends and will reduce the likelihood that any entity, person or group gains control of the company through open-market accumulation without payin.
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