- Citigroup (C) will redeem all $1.5B of Series T preferred shares at $1,000 per depositary share. Redemption date Aug 15, 2026; cash paid Aug 17, 2026. Dividends stop after payment.
- Citigroup (C) launches a five‑year plan to finance $60B for affordable housing, provide $50M in grants, and support policies to boost housing supply, including LIHTC expansion.
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Key facts: Citigroup to Redeem $1.5B Series T; Launches $60B Housing Plan
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Citigroup (C) will redeem all $1.5B of Series T preferred shares at $1,000 per depositary share. Redemption date Aug 15, 2026; cash paid Aug 17, 2026. Dividends stop after payment.