Citi Announces 2017 Planned Capital Actions
[Business Wire]
Business WireJune 28, 2017

NEW YORK--(BUSINESS WIRE)--

The Federal Reserve Board today announced that it does not object to the planned capital actions requested by Citi as part of the 2017 Comprehensive Capital Analysis and Review.

The planned capital actions include an increase of Citi’s quarterly common stock dividend to $0.32 per share (subject to quarterly approval by Citi’s Board of Directors), as well as a common stock repurchase program of up to $15.6 billion during the four quarters starting in the third quarter of 2017. These planned capital actions total $18.9 billion over the next four quarters.