NEW YORK & MEXICO CITY--(BUSINESS WIRE)--On June 3, 2019, the Mexican Banking and Securities Commission authorized Citigroup Inc. to deregister its common stock from the Mexican Securities Registry and delist from the Mexican Stock Exchange, effective at the end of the trading day on July 10, 2019. The deregistration is conditional upon the cross-listing of the common stock on the International Quotation System managed by the Mexican Stock Exchange, which is expected to occur on July 11, 2019. Citigroup’s common stock will begin trading on the International Quotation System at its New York Stock Exchange closing price on July 10, 2019.
Trades of Citigroup common stock currently listed on the Mexican Stock Exchange executed on July 9, 2019 will settle within 24 hours, and trades executed on July 10, 2019 will settle on the same day.
The delisting of Citigroup’s common stock from the Mexican Stock Exchange and its cross-listing on the International Quotation System managed by the Mexican Stock Exchange, will not affect Citigroup's businesses in Mexico. Mexico is an important market for Citigroup, which is committed to further strengthening its capabilities to better serve its institutional and consumer clients in the country.
Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.
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