21 Mar 2011 New York – Citigroup Inc. today announced a 1-for-10 reverse stock split of Citigroup common stock. Citi also announced that it intends to  Citigroup (C) has 10 splits in our Citigroup stock split history database. This was a 1 for 10 reverse split, meaning for each 10 shares of C owned pre-split, the   10 May 2011 Citigroup became a $40 stock for the first time since late 2007, as its share earn a dime on Monday, after a 10-for-1 reverse split of the stock.

Citigroup recently announced a 1 for 10 reverse stock split (1-for-10) (announced on March 21, 2011 effective May 6, 2011). As an investor and/or trader, a reverse stock split is a pretty uncommon move for a company that is doing well. Good news! Citigroup‘s (NYSE:C) stock will soon be over $40 per share.. Bad news: It’s happening the wrong way.Citigroup has announced that it’s doing a reverse stock split. That means that Citigroup's (NYSE: C) 1-for-10 reverse stock split will be effective after the close of trading Friday, May 6th, with shares trading on a split-adjusted basis at the opening of trading Monday May 9th. On Monday, May 9, Citigroup (C) stock will undergo a 10-for-1 reverse split. What this means is that 10 shares of C will be merged into one share, and holders of C will own one-tenth as many shares, but each share will be worth ten times the value of pre-split shares. LabCorp stock is now a 10-bagger since its split. Citigroup hasn't delivered life-altering wealth like Booking and LabCorp, but the banking giant is trading higher than when it opted for a 1-for Happy Monday Morning Citigroup shares. I haven’t see you at this price since back in 2007! We are now back at $45 after a 10-for-1 reverse stock split got you here. For a brief period, the financial giant saw its stock trade below $1 per share, and even after many of its peers had fully recovered from the crisis, Citigroup did a 1-for-10 reverse split in 2011

Is a Reverse Stock Split Good or Bad?. Reverse stock splits boost a company's share price. In 2011, Citigroup executed a 1-for-10 split that took its stock from around $4.50 a share to about

shares of stock) is a company's main way of raising equity capital and shares are the describes a 1- for- 10 reverse stock split by Citigroup. Chapter 10  E-Trade wants to enact a 1-for-10 reverse stock split. It will ask stockholders to approve the measure at its annual meeting on May 13. E-trade's shares have  With its stock sitting under $5 per share in May 2011, Citi pulled some real financial chicanery, executing an almost unheard-of 1-for-10 reverse stock split. Declaring a stock dividend or a stock split are the two corporate strategies that can be decided to combine 10 current shares into a new share or a 1-for-10 reverse stock split. Bank of America, JPMorgan Chase, Wells Fargo, Citigroup. shares (ISIN: US1729674242) - VIENNA STOCK EXCHANGE - stock quote, company CITIGROUP INC (US1729674242) - Quote Total Volume1, 4,300. Citigroup plans a 1-for-10 reverse stock split of the company's common shares in a bid to boost their price. The bank will also reinstate its quarterly dividend.

7 Sep 2019 Things got so bad that Citigroup had to do a 10-for-1 reverse stock split to superficially paper over their own folly; without taking into account 

Happy Monday Morning Citigroup shares. I haven’t see you at this price since back in 2007! We are now back at $45 after a 10-for-1 reverse stock split got you here. LabCorp stock is now a 10-bagger since its split. Citigroup hasn't delivered life-altering wealth like Booking and LabCorp, but the banking giant is trading higher than when it opted for a 1-for We'll have to see how everything play's out in a year or two from now. History after a 1-for-10 reverse stock split doesn't usually have a good outcome, but only time will tell. Update: I've posted the first update article after Citigroup began trading post reverse stock split here: Citigroup Update 2 Weeks After Reverse Stock Split Citigroup (NYSE:C) announced a 1 for 10 reverse split of its common stock today. The company also announced it intends to reinstate a quarterly dividend of $0.01 per common share in the second BOSTON (MarketWatch) -- Citigroup Inc. C, -0.02% on Monday announced a 1-for-10 reverse stock split of its common shares effective after markets close on May 6. Separately, the banking giant said Citi just announced a 1-for-10 reverse stock split. Citigroup shares had been trading at $4.50, so now they'll trade at a more "respectable" $45. This removes one barrier to ownership, namely that

shares of stock) is a company's main way of raising equity capital and shares are the describes a 1- for- 10 reverse stock split by Citigroup. Chapter 10 

18 Apr 2011 Citigroup's plan for a reverse split will force out high-frequency traders for a 10- for-1 reverse stock split, which will propel the share price to 

Citigroup, told shareholders that its recent announcement of a 1-for-10 reverse stock split will. We are grateful to an anonymous referee, Marc Lipson (Editor), 

Good news! Citigroup‘s (NYSE:C) stock will soon be over $40 per share.. Bad news: It’s happening the wrong way.Citigroup has announced that it’s doing a reverse stock split. That means that

10 May 2011 Citigroup became a $40 stock for the first time since late 2007, as its share earn a dime on Monday, after a 10-for-1 reverse split of the stock. Citi Just Announced A 1-For-10 Reverse Stock Split, And The Reinstatement Of The Dividend. Courtney Comstock. Mar 21, 2011, 12:14 PM. The letter F. An  21 Mar 2011 Citi's 1-for-10 reverse stock split doesn't change any fundamentals, but it is good news for institutional investors, as a price in the $40s will