Citigroup will continue $1.2 billion buyback

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Citigroup will continue $1.2 billion buyback

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Citigroup will continue $1.2 billion buyback

by CNBC Videos 1:09 mins

CNBC's Kayla Tausche reports Citigroup responded to the Fed's rejection for a $6.4 buyback and $0.05 quarterly dividend. The stock is down nearly 5 percent after hours.

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