Citigroup to redeem USD 1.5 billion Series T preferred depositary shares Aug. 15, 2026

Reuters2026/07/16 20:16

By:Reuters

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Citigroup will fully redeem its USD 1.5 billion 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T.
Redemption set for Aug. 15, 2026; cash price USD 1,000 per Depositary Share, payable Aug. 17, 2026.
Quarterly dividend will be paid to holders of record on a board-set date, payable on the redemption payment date.
Dividends stop accruing on the redemption date; depositary shares will no longer be outstanding as of the payment date.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citigroup Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260716469914) on July 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Citigroup to redeem USD 1.5 billion Series T preferred depositary shares Aug. 15, 2026

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