crsdh <<Where have you read info on a share buy back? Please show me the link.>>
They should pre-announce such an intention but then again, its a nobrainer. Banks want to have nothing to do with the fed, and that's why they all paid back TARP quickly. Its logical to expect Citigroup to buy the Gov's stake, which is over 8b shares. That's the buyback you can bank on. And soon.
I beleve that Citi already bought 5-6 B shares or more. With 28 or more B outstanding shares the daily volume should be much higher. Dont thing so? After the last dilution nothing really changed with trading volume.