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Citigroup Inc. Message Board

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  • mrwizard9090 mrwizard9090 Feb 21, 2010 4:17 PM Flag

    FOLKS, BUYBACK IS BETTER THAN DIVIDEND....

    truly, the only money that could possibly be used for buyback is shareholders own money. combined citicorp and citi holdings earnings attributable to shareholders was a combined negative.

    unless and until they manage to divest the citi holdings stuff, the Fed and Treasury will prohibit the move.

    in any event, treasury will be at the head of the buyback line, and should be bought out just to keep them from dumping at a most inconvenient time.

 
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