Citigroup Inc.
Citigroup Increases Stock Incentive Plan Shares and Elects New Directors
Summary
On April 29, 2025, Citigroup Inc.'s stockholders approved an amendment to the 2019 Stock Incentive Plan, increasing the authorized number of shares by 30 million. At the 2025 Annual Meeting of Stockholders, 12 new directors were elected, and the selection of KPMG LLP as the independent registered public accounting firm was ratified. An advisory vote to approve 2024 executive compensation was also approved. Several stockholder proposals, including those regarding golden parachutes, Indigenous Peoples' rights, financial statement assumptions, and animal welfare, were not approved.
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About Citigroup Inc.
Citigroup Inc. is a leading global financial services corporation, providing a broad array of financial products and services to consumers, corporations, governments, and institutions. As a diversified financial institution, Citigroup's primary function is to offer retail banking, commercial banking, investment banking, and wealth management services. The company plays a significant role in sectors such as consumer banking, treasury and trade solutions, and securities services, making it a pivotal player in the financial services industry. Headquartered in New York City, Citigroup is one of the world's largest banks by assets. It operates in over 160 countries and jurisdictions, underscoring its substantial international presence. The firm's impact is further amplified through its global reach in capital markets and advisory services, helping to facilitate trade and investment on a worldwide scale. Citigroup's diversified operations and extensive global network position it as a key contributor to financial market infrastructures and economic development.
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