C · News · 20260825N
Capital Return Program
CITIGROUP INC · 2026-08-25 · Importance 74 · Surprise 58 · In source text
Citigroup declared a quarterly dividend of $0.67 per share, increased from $0.60 per share. The company authorized a new $30 billion stock repurchase program. The combined dividend increase and buyback authorization expand shareholder distributions following the bank’s recent earnings performance.
Key facts
- Citigroup authorized a $30 billion stock repurchase plan. source
- Citigroup increased its quarterly dividend from $0.60 to $0.67 per share. source
- Citigroup declared a quarterly dividend of $0.67 per share. source
- Manning & Napier Advisors LLC reduced its stake in Citigroup Inc. by 16.8% in the second quarter, selling 26,023 shares. source
- Legal & General Group Plc reduced its stake in Citigroup Inc. by 8.0% in the second quarter, selling over 1 million shares and still holding a position valued at over $1.7 billion. source
- The Manufacturers Life Insurance Company reduced its stake in Citigroup Inc. by 7.3% in the second quarter, selling 137,410 shares and holding 1,735,115 shares worth $242.85 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | — | Citigroup authorized a $30 billion stock repurchase plan. |
| liability | negative | committed | — | Citigroup declared a quarterly dividend of $0.67 per share. |
| cash | negative | committed | — | Citigroup declared a quarterly dividend of $0.67 per share. |