Citibank Reverse Stock Split

Just putting this up so I don’t have to search for it again. The date of the Citibank reverse stock split.

Citi anticipates the reverse stock split will be effective after the close of trading on May 6, 2011, and that Citi common stock will begin trading on a split adjusted basis on the New York Stock Exchange (NYSE) at the opening of trading on May 9, 2011. When the reverse stock split becomes effective, every ten shares of issued and outstanding Citigroup common stock will be automatically combined into one issued and outstanding share of common stock without any change in the par value per share. This will reduce the number of outstanding shares of Citigroup common stock from approximately 29 billion to approximately 2.9 billion.

http://www.businessinsider.com/citi-just-announced-a-1-to-10-reverse-stock-split-2011-3

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