Citi Shares Jump on Earnings Beat, Stock Buyback Plan
Citigroup said its board of directors authorized a new multiyear $20 billion stock buyback program that will begin in the first quarter of 2025, helping to trigger a surge in the share price. CFO Mark Mason said the planned buyback reflects confidence in the bank’s strategy.
Managing directors in the wealth and technology units are leaving the firm and Citi is also axing people from a team that ...
Citigroup’s fourth-quarter results just landed. The bank swung to a profit, boosted by stronger revenue in divisions ...
Stocks held onto a rally Wednesday as core U.S. consumer price inflation was cooler than expected in December and some of the ...
Citigroup is cutting more jobs this week after going through an overhaul last year, a spokesperson for the lender said on ...
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
During the quarter, Citi (C)group returned a total of $2.1B to common shareholders in the form of dividends and share repurchases, the company ...
We recently published a list of 12 Best Safe Dividend Stocks for 2025. In this article, we are going to take a look at where ...
Citigroup Inc.'s Chief Executive Jane Fraser said the bank expects to report return on tangible common equity, or ROTCE of 10% to 11% in 2025, but she's working to push it higher. "This level is a ...
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