April 10, 2017 / 11:01 AM / 3 months ago

BRIEF-Citi Trends announces expanded capital return program

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April 10 (Reuters) - 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:

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