When is citi splitting

I agree to TheMaven's Terms and Policy. Report decided to do a for-1 reverse stock split, but it is still a sore point for Citigroup's long-time shareholders. TheStreet Recommends. By Scott Rutt. By Eric Reed. By Veronika Bondarenko. By Vidhi Choudhary. By TheStreet Staff.

By Tony Owusu. By Rob Lenihan. See More. Stockholders who would otherwise hold a fractional share of Citigroup common stock will receive a cash payment from the proceeds of that sale in lieu of such fractional share. Additional information on the treatment of fractional shares and other effects of the reverse split can be found in Citi's definitive proxy statement filed with the Securities and Exchange Commission on March 12, Citi is executing its strategy of focusing on its core businesses in Citicorp to support economic growth including banking, providing loans to small businesses, making markets and providing capital, while continuing to wind down Citi Holdings in an economically rational manner.

At the end of , the U. Citi's capital strength is among the best in the industry and the bank is focused on putting its unmatched global network to use for its clients to foster sustainable and responsible growth.

Get the app for Android. Get the app for iOS. C Dividend History. C Stock Split History. C Preferred Stock. C Options Chain. C Message Board.

Video: What is a Stock Split? About Citigroup. Citigroup is a financial services holding company whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.

According to our Citigroup stock split history records, Citigroup has had 10 splits. Citigroup C has 10 splits in our Citigroup stock split history database. The first split for C took place on March 13, This was a 2 for 1 split, meaning for each share of C owned pre-split, the shareholder now owned 2 shares.

For example, a share position pre-split, became a share position following the split. C's second split took place on March 01, This was a 3 for 2 split, meaning for each 2 shares of C owned pre-split, the shareholder now owned 3 shares. C's third split took place on August 30, This was a 4 for 3 split, meaning for each 3 shares of C owned pre-split, the shareholder now owned 4 shares.

C's 4th split took place on May 28,