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Citigroup Establishes New Preferred Stock Series GG

Story Highlights
  • Citigroup filed a Certificate of Designations for new preferred stock on July 22, 2025.
  • The filing aims to enhance Citigroup’s capital structure and may impact financial operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Citigroup Establishes New Preferred Stock Series GG

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Citigroup ( (C) ) has shared an update.

On July 22, 2025, Citigroup Inc. filed a Certificate of Designations with the State of Delaware to establish a new series of preferred stock, the 6.875% Fixed Rate Reset Noncumulative Preferred Stock, Series GG. This move, effective immediately upon filing, amends Citigroup’s Restated Certificate of Incorporation and reflects the company’s strategic efforts to enhance its capital structure, potentially impacting its financial operations and stakeholder interests.

The most recent analyst rating on (C) stock is a Buy with a $90.00 price target. To see the full list of analyst forecasts on Citigroup stock, see the C Stock Forecast page.

Spark’s Take on C Stock

According to Spark, TipRanks’ AI Analyst, C is a Outperform.

Citigroup’s overall score is driven by strong earnings performance and strategic capital returns, moderated by high debt levels and liquidity concerns. Technical indicators support a positive momentum, while valuation metrics indicate fair pricing. Corporate events further reinforce a robust capital strategy.

To see Spark’s full report on C stock, click here.

More about Citigroup

Citigroup Inc. is a global financial services corporation that operates in the banking industry. It provides a wide range of financial products and services, including consumer banking, corporate and investment banking, securities brokerage, and wealth management. Citigroup is primarily focused on serving clients and customers across the world, with a significant presence in the United States and international markets.

Average Trading Volume: 13,424,720

Technical Sentiment Signal: Buy

Current Market Cap: $175.6B

See more insights into C stock on TipRanks’ Stock Analysis page.

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