Citigroup Reverse Stock Split 2011 // eurasianpro.com
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21/03/2011 · Citi C, Fortune 500 common stock will begin trading on a split-adjusted basis at the start of trading on the New York Stock Exchange on May 9. The quarterly dividend of 1 cent per share will be reinstated in the second quarter of 2011, following the reverse split. 21/03/2011 · Get the latest financial news from Citi, the worldwide leader in consumer and corporate banking. 09/05/2011 · Get the latest financial news from Citi, the worldwide leader in consumer and corporate banking. 22/04/2011 · Citigroup Inc. investors approved a reverse stock split as Chief Executive Officer Vikram Pandit said the plan, along with a renewed dividend, will attract more investors to the New York-based bank’s shares. “These actions open doors for more potential investors to buy in,” Pandit said today.

Citigroup recently announced a 1 for 10 reverse stock split 1-for-10 announced on March 21, 2011 effective May 6, 2011. As an investor and/or trader, a reverse stock split is a pretty uncommon move for a company that is doing well. Citigroup Inc. today announced a 1-for-10 reverse stock split of Citigroup common stock. Citi also announced that it intends to reinstate a quarterly dividend of $0.01 per common share in the second quarter of 2011, following the effective date of the reverse stock split. 23/03/2011 · Citigroup NYSE:C announced a reverse, 1-for-10 stock split, which will effectively reduce the pool of outstanding shares from 29.1 B to 2.91 B. The effect on the stock price will be marked, as the stock should trade in the $44 neighborhood, rather than the current $4.40 level. This reverse split.

13/01/2011 · Quick refresher. Reverse stock splits boost the price by reducing the number of shares outstanding. Back in September 2009, shareholders approved granting the authority for Citigroup to conduct a reverse stock split. We haven’t seen too many other analysts mention the near-term possibility of a split for Citi. 10/01/2017 · As you can see, Citigroup has a long history of stock splits, and most of them were the normal kind. Only the final 2011 move was a reverse split, and so those who owned 100 shares of Citigroup prior to its February 1993 split would now own 120 shares. At first glance, the split ratios that. Citigroup C has 10 splits in our Citigroup stock split history database. The first split for C took place on March 13, 1987. This was a 2 for 1 split, meaning for each share of C owned pre-split, the shareholder now owned 2 shares. The big day is just about here: Citigroup begins trading post 1-for-10 reverse stock split Monday May 9, 2011 after being previously announced on March 21, 2011.

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