Citi doubles dividend, bank shares jump after industry passes Fed stress tests
The Federal Reserve approved Wednesday the capital return plans of all 34 banks it reviewed in the second part of an annual stress test.
Citigroup doubled its quarterly dividend to 32 cents after getting the Fed blessing.
Citi and JPMorgan announced their biggest share buybacks ever.
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Citigroup was the highlight after hours, doubling its quarterly dividend to 32 cents per common share and announcing a common stock repurchase program of up to $15.6 billion. That would be the biggest ever buyback for Citi, surpassing a $15 billion buyback announced in 2005 before the financial crisis, according to Richard Peterson of S&P Global Market Intelligence.
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シティグループは、配当２倍、過去最高の自社株買い実施へ。
The Federal Reserve approved Wednesday the capital return plans of all 34 banks it reviewed in the second part of an annual stress test.
Citigroup doubled its quarterly dividend to 32 cents after getting the Fed blessing.
Citi and JPMorgan announced their biggest share buybacks ever.
--------------------
Citigroup was the highlight after hours, doubling its quarterly dividend to 32 cents per common share and announcing a common stock repurchase program of up to $15.6 billion. That would be the biggest ever buyback for Citi, surpassing a $15 billion buyback announced in 2005 before the financial crisis, according to Richard Peterson of S&P Global Market Intelligence.
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シティグループは、配当２倍、過去最高の自社株買い実施へ。
