Citizens Financial Group Announces Redemption of All Outstanding Shares of its Series F Preferred Stock
(NYSE:CFG) PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) today announced that it will redeem on October 6, 2025 (the “Redemption Date”) all outstanding shares of its...
Does the redemption price present an arbitrage opportunity compared to the current market price of the preferred shares?
How is the redemption likely to influence CFG's common stock price and dividend yield in the short term?
What effect will the redemption of the Series F Preferred Stock have on Citizens Financial Group's cash reserves and capital structure?
Symbol:
CFG
13 days ago