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April 30, 2008

Citigroup Issues $3 Billion in New Stock

Citigroup will sell $3 billion in common shares this week to increase its capital and help protect its dividend.  This will make $39 billion Citigroup has raised since November.  NYTimes, Citigroup to Sell $3 Billion in Stock.

April 30, 2008 in News Stories | Permalink

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