Search results
Results From The WOW.Com Content Network
C earnings call for the period ending September 30, 2024. ... Citigroup (NYSE: C) Q3 2024 Earnings Call Oct 15, 2024, 11:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers.
A company may use a reverse split to push its stock price back over a certain threshold, typically $1 per share, in order to maintain compliance with an exchange’s rules. To raise the stock price.
A reverse split may also move a stock back to a normal trading range, which can range from $20 a share to $120 a share or thereabouts. If a stock’s share price falls too far, it may drop off the ...
The "reverse stock split" appellation is a reference to the more common stock split in which shares are effectively divided to form a larger number of proportionally less valuable shares. New shares are typically issued in a simple ratio, e.g. 1 new share for 2 old shares, 3 for 4, etc. A reverse split is the opposite of a stock split.
Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank , and Travelers ; Travelers was spun off from the company in 2002.
C earnings call for the period ending December 31, 2024. ... Citigroup (C) Q4 2024 Earnings Call Transcript. Motley Fool Transcribing, The Motley Fool. January 15, 2025 at 6:00 PM.
A reverse stock split occurs on an exchange basis, such as 1-10. When a company announces a 1-10 reverse stock split, for example, it exchanges one share of stock for every 10 that a shareholder owns.
The pressure to split the CEO and chairman roles in the US really ramped up in the aftermath of the 2008 financial crisis. Between 2010 and 2023, 76 companies within the S&P 500 did so, according ...