Citigroup Inc.
Citigroup Inc. Announces New Preferred Stock Series and Securities Registration
Summary
On March 5, 2024, Citigroup Inc. filed a Certificate of Designations with the Secretary of State of Delaware, establishing the designations, preferences, powers and rights of a new series of Citigroup preferred stock, 7.200% Fixed Rate Reset Noncumulative Preferred Stock, Series BB. This action amended Citigroup's Restated Certificate of Incorporation, as amended, and was effective immediately on filing. Additionally, Citigroup Inc. has registered its securities pursuant to Section 12(b) of the Securities Exchange Act of 1934, detailing various classes of securities listed on the New York Stock Exchange.
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Exhibits (5)
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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.
Official SEC Documents
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