Citigroup Announces Full Redemption of $1 Billion in Preferred Stock on Nov. 15, 2026

Bitget2026/11/09 21:30

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Citigroup will redeem all $1 billion of its 4.15% Fixed Rate Reset Noncumulative Preferred Stock, Series Y.
The redemption date is November 15, 2026, when dividends will stop accruing.
Cash redemption payments for the 1,000,000 Depositary Shares will total $1,000 per share, payable November 16, 2026.
Holders of record on November 6, 2026, will receive the previously declared quarterly dividend of $10.375 per Depositary Share on November 16.
The Depositary Shares will no longer be outstanding as of November 16, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citigroup Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202611091615BIZWIRE_USPR_____20261109_BW692624) on November 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Citigroup Announces Full Redemption of $1 Billion in Preferred Stock on Nov. 15, 2026

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