Citigroup announces complete redemption of Series U preferred stock
NEW YORK, August 28, 2024–(BUSINESS WIRE)–Citigroup Inc. is redeeming all of its Series U liquidating preferred stock, totaling $1.5 billion, representing shares of its 5.000% fixed rate/floating rate non-cumulative Series U preferred stock (the “Preferred Stock”). The redemption date for…
What investors need to know
Citigroup (C) ended the last trading day at $62.03, moving +1.03% from the end of the previous session. The stock outperformed the S&P 500, which posted a daily gain of 0.97%. At the same time, the Dow gained 0.58% and…
Citigroup stock is outperforming the S&P500 index in year-to-date returns. What can we expect?
HONG KONG, CHINA – 2024/07/20: Pedestrians walk past the American multinational investment bank and … (+) Financial services company, Citibank or Citi, branch in Hong Kong. (Photo by Sebastian Ng/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Citigroup…
