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Citigroup Inc. Message Board

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  • up1.down2 up1.down2 Mar 30, 2011 7:28 PM Flag

    Reason C is doing a R/S

    On a forward or reverse split the Market Remains the same which = same $ value of the comapny. When buying back shares the same dollar 'value' is applied.

    On a R/S the company buys back less share count but at a higher dollar value.

    10 shares @ $4 = $40
    5 shares @ $8 = $40 <- Post Reverse Split

    Still $40.

 
C
49.80+0.10(+0.20%)Aug 20 4:01 PMEDT

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