Did Citigroup split?
Co.’s Institutional Clients Group segment which provides banking products and services including investment banking, treasury and trade solutions, corporate lending, and private bank; and markets and securities services. According to our Citigroup stock split history records, Citigroup has had 10 splits.
Why is Citigroup a good stock to buy?
Citigroup (C) has large trading, investment banking, international corporate banking, and credit card operations. Its best-performing business is the Institutional Clients Group, whose commercial banking and capital markets operations have scale and a global footprint that few can replicate.
Why did Citigroup stock crash?
Citigroup said the flash crash—or the rapid fall in security prices in a very short timeframe—came from an inputting error, otherwise known by traders as a “fat-finger error.” “This morning one of our traders made an error when inputting a transaction,” Citigroup said late Monday in an email statement.
What is a 4 for 3 stock split?
A 3 for 1 stock split results in 3 times the number of shares at 1/3 the price. The holder of an option contract will have 3 times as many contracts at 1/3 the strike price. A 4 for 3 stock split results in 1.33 times the number of shares. The stock price is reduced by 1.33.
What is a reverse split in stock market?
When a company completes a reverse stock split, each outstanding share of the company is converted into a fraction of a share. For example, if a company declares a one for ten reverse stock split, every ten shares that you own will be converted into a single share.
Did Citigroup do a 1 for 10 stock split?
New York – Citigroup Inc. today announced a 1-for-10 reverse stock split of Citigroup common stock. Citi also announced that it intends to reinstate a quarterly dividend of $0.01 per common share in the second quarter of 2011, following the effective date of the reverse stock split.
What is the new symbol for Citigroup common stock?
Citigroup common stock will continue trading on the NYSE under the symbol “C” but will trade under a new CUSIP number. No fractional shares will be issued in connection with the reverse stock split.
What is the highest ever stock price for Citigroup?
Historical daily share price chart and data for Citigroup since 1977 adjusted for splits. The latest closing stock price for Citigroup as of January 19, 2022 is 64.24. The all-time high Citigroup stock closing price was 588.80 on August 28, 2000.
What is Citigroup’s 52-week high and low prices?
The Citigroup 52-week high stock price is 80.29, which is 25% above the current share price. The Citigroup 52-week low stock price is 57.40, which is 10.6% below the current share price. The average Citigroup stock price for the last 52 weeks is 69.35.