Monday, May 9, 2011

Citigroup Stock

Citigroup announced the effectiveness of its reverse stock Division 1-for-10 ordinary shares of Citigroup as of 4: 10 pm on Friday, 6 May. Citigroup shares will begin when the Exchange opened this morning of the trade on the basis of custom of Division in the New York Stock Exchange under the symbol “C”. As mentioned above, the effectiveness of the distribution of the stock reverse, every ten shares Citigroup common earrings, automatically merged into a common action of without modification of the nominal value per share. This reduced the number of outstanding ordinary shares of Citigroup to approximately 29B. 9b some 2.

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