Citi Trends Shareholders Vote on Key Proposals and Governance

Citi Trends (CTRN) just unveiled an announcement.

At Citi Trends, Inc.’s 2024 virtual annual meeting, stockholders cast their votes on key proposals, leading to pivotal decisions for the company’s future. Shareholders approved an expansion of the 2021 Incentive Plan, adding 450,000 additional shares to further incentivize performance. They also elected eight director nominees for the following year, endorsed the executive compensation package, and reaffirmed Deloitte & Touche LLP as their independent auditor for the upcoming fiscal year. These approvals mark significant steps in Citi Trends’ strategic and governance efforts, reflecting shareholder confidence in the company’s direction.

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