Citigroup to Redeem Series X Preferred Stock at $25 Per Share on March 15, 2026

Citigroup has announced its decision to fully redeem its Series X Preferred Stock. The redemption will take place on March 15, 2026, and will include all outstanding shares of the Series X Preferred Stock. The company stated that the redemption price for each share will be $25.00, which is equivalent to the liquidation preference per share, plus any declared and unpaid dividends up to but not including the redemption date.

The financial institution clarified that after the redemption date, no further dividends will accrue on the redeemed shares of Series X Preferred Stock. Citigroup also noted that it has already provided notice of this planned redemption in accordance with regulatory requirements and terms outlined in its governing documents. Shareholders holding these securities are advised to review their holdings and consult with their financial advisors regarding this development.

Newsflash | Powered by GeneOnline AI

Source: GO-AI-ne1

For any suggestion and feedback, please contact us.

Date: February 5, 2026

Author

GOAI