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16.07.26 - 22:21
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Citigroup Announces Full Redemption of Series T Preferred Stock (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of 1,500,000 Depositary Shares each representing a 1/25th interest in its 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T (the “Preferred Stock”).
The redemption date is August 15, 2026 for the Preferred Stock and related Depositary Shares (the “Redemption Date”). The cash redemption price for each Depositary Share will equal $1,000 and will be paid on August 17, 2026 (the “Redemption Payment Date”), the business day immediately following the Redemption Date. Holders of record on a date to be declared by Citigroup's board of directors prior to the Redemption Date will receive the regular quarterly dividend per Depositary Share, in an amount that will be declared prior to the Redemption Date, which will be payable on the Redemption Payment Date.
The redemption announced today reflects Citigroup's ongoing efforts to enhance the efficiency of its funding an...
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14.07.26 - 15:12
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Citi Stock Traders Post Record Revenue for Quarter (Bloomberg)
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Citigroup says revenue from equities trading surged 45% to $2.3 billion in the second quarter from a year earlier. That's 11% higher than the record set in this year's opening months. Earnings per share came in at $3.15, beating all estimates. This is coverage from "Bloomberg Surveillance." (Source: Bloomberg)...
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14.07.26 - 14:36
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Citigroup Inc. Reveals Rise In Q2 Profit (AFX)
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WASHINGTON (dpa-AFX) - Citigroup Inc. (C) revealed earnings for its second quarter that Increased, from last yearThe company's earnings came in at $5.831 billion, or $3.15 per share. This compares......
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