Citigroup Declares Common Stock Dividend; Board of Directors Approves $1.2 Billion Common Stock Repurchase Program Business Wire NEW YORK -- April 25, 2013 The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.01 per share, payable on May 24, 2013 to stockholders of record on May 6, 2013. The Board of Directors also approved a $1.2 billion common stock repurchase program through the first quarter of 2014. As previously announced, the repurchase program was part of the planned capital actions included by Citi in its 2013 Comprehensive Capital Analysis and Review (CCAR) and is intended to offset estimated dilution created by Citi’s annual incentive compensation grants. Repurchases by Citi under the common stock repurchase program may be effected from time to time through open market purchases, trading plans established in accordance with U.S. Securities and Exchange Commission rules or other means, depending on satisfactory market conditions, applicable legal requirements and other factors. The common stock repurchase program does not obligate Citi to repurchase any particular amount of common stock, and it may be suspended at any time at Citi’s discretion. Citi Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi Certain statements in this press release, including those regarding Citi’s $1.2 billion common stock repurchase program, are "forward-looking statements" within the meaning of the rules and regulations of the U.S. Securities and Exchange Commission. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. Actual results and capital and other financial condition may differ materially from those included in these statements due to a variety of factors, including but not limited to satisfactory market conditions and any other conditions that may be included in any Citi common stock repurchase program, as well as those factors contained in Citi's filings with the U.S. Securities and Exchange Commission, including the "Risk Factors" section of Citi's 2012 Annual Report on Form 10-K. Precautionary statements included in such filings should be read in conjunction with this release. Any forward-looking statements made by or on behalf of Citi speak only as to the date they are made, and Citi does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made. Contact: For Citi Media: Mark Costiglio, 212-559-4114 or Shannon Bell, 212-793-6206 or Investors: Susan Kendall, 212-559-2718 or Fixed Income Investors: Peter Kapp, 212-559-5091
Citigroup Declares Common Stock Dividend; Board of Directors Approves $1.2 Billion Common Stock Repurchase Program
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