The article reports on Citigroup Inc.'s capital deployment plan in March 2011. Citigroup's motivation for making a penny-a-share payout and a 1-for-10 reverse stock split is to boost employees' morale and show investors its capital planning and financial condition is in good standing with ...
for KPMG as independent registered public accounting firm for 2011, for the amendment to the Citigroup 2009 Stock Incentive Plan, for the 2011 Executive Performance Plan, for Citi's 2010 executive compensation, for an annual advisory vote on executive compensation, for the REVERSE STOCK SPLIT EXTENS...
Included in the net federal DTA of $36.5 billion are deferred tax liabilities of $4 billion that will reverse in the relevant carryforward period and may be used to support the DTA. The major components of the U.S. Federal DTA are $10.5 billion in foreign tax credit carryforwards, $4.6...
The article reports that UBS analyst William Tanona forecasts Citigroup to gain as much as 50 percent in the next 12 months, who came out with a bullish research note on June 13, 2011. It says that the shares of Citi have fallen by 14 percent since the reverse stock split of the ...
Citi Plans Reverse Stock Split - Analyst BlogZacks Equity Research
The proposals are: • amendments to the Citigroup 2009 Stock Incentive Plan; • the TARP repayment shares proposal; • Citi's 2009 Executive Compensation; • the Tax Benefits Preservation Plan proposal; • the REVERSE STOCK SPLIT EXTENSION proposal; or • any stockholder proposal. How ...