Citigroup: dividend up and share buyback.
(CercleFinance.com) - On Wednesday evening Citigroup said it plans to increase its quarterly dividend by to 32 cents per share, and to buy back 15.
6 billion dollars of its common stock from 1 July 2017 to 30 June 2018.
The bank said that that the Fed has completed its 2017 Comprehensive Capital Analysis and Review (CCAR) without raising any objections to its capital plan, which included these measures for pay-outs to shareholders representing a total of 18.9 billion dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
6 billion dollars of its common stock from 1 July 2017 to 30 June 2018.
The bank said that that the Fed has completed its 2017 Comprehensive Capital Analysis and Review (CCAR) without raising any objections to its capital plan, which included these measures for pay-outs to shareholders representing a total of 18.9 billion dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.