Citigroup (C) will start trading on Monday at around $45 a share, as a result of a 1-for-10 reverse split. Citi’s stock was trading at about $4.52 Friday. Citigroup, the third-largest U.S. bank by assets, said it will reinstate a one-cent quarterly dividend in Q2 of this fiscal year following the split.
Related Articles
Doomsday Scenario Floating Around Wall St. and Possibility of TARP2: Report
June 20, 2011
WSP
Summer Panic, Winter Rally: Nothing’s Changed But The Season
March 19, 2012
Larry M. Elkin
CKX Inc Receives Unsolicited Bid
April 1, 2011
WSP
Be the first to comment
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Leave a Reply