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September 18, Dear Shareholder the Board of Citigroup Form
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People also ask
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Who are the majority shareholders of Citibank?
We note that hedge funds don't have a meaningful investment in Citigroup. The Vanguard Group, Inc. is currently the largest shareholder, with 8.8% of shares outstanding.
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What did Buffett pay for Citigroup stock?
The investor owns 2.92% of the outstanding Citigroup stock. Warren Buffett acquired their 55.2 Million shares between 2022 and 2023. So far they never sold any shares in the company. The stake costed the investor $3.41 Billion, netting the investor a gain of 17% so far.
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Who owns Citibank now?
Citigroup is a public company owned collectively by its shareholders. The financial company's largest shareholders include Vanguard, BlackRock, State Street Corporation, and Berkshire Hathaway.
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Does Warren Buffett still own Citigroup?
Chevron (CVX), 118.6 million. SiriusXM (SIRI), 112.5 million. Nu Holdings (NU), 86.4 million. Citigroup (C), 55.2 million.
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Why is Citigroup stock so cheap?
Citigroup Inc. (NYSE:C) is one of the bank stocks trading at a discount while undergoing a restructuring that promises to position the company to generate signNow long-term value. Despite its size and scope, Citigroup has yet to keep up with its bigger competitors, with $1.7 trillion in assets.
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Is Citigroup owned by China?
Citi China's legal name is Citibank (China) Co., Ltd. (“CCCL”) and is fully owned by its parent, Citibank N. A.
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Who is the largest shareholder of Citigroup?
Largest shareholders include Vanguard Group Inc, BlackRock, Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Berkshire Hathaway Inc, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Price T Rowe Associates Inc /md/, Franklin Resources Inc, and ...
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