C » Topics » Stock Purchase Program

This excerpt taken from the C 8-K filed Jan 23, 2009.

Stock Purchase Program

 

The Citigroup 2003 Stock Purchase Program, which was administered under the Citigroup 2000 Stock Purchase Plan, as amended, allowed eligible employees of Citigroup to enter into fixed subscription agreements to purchase shares in the future at the lesser of the market price on the first day of the offering period or at the market price at the end of the offering period. For the June 15, 2003 offering only, subject to certain limits, enrolled employees were permitted to make one purchase prior to end of the offering period. The purchase price of the shares was paid with accumulated payroll deductions plus interest. Shares of Citigroup’s common stock delivered under the Citigroup 2003 Stock Purchase Program were sourced from treasury shares. Offerings under the Citigroup 2003 Stock Purchase Program were made in June 2003 and to new employees in June 2004. The program ended in July 2005.

 

The following were the share prices under the Stock Purchase Program: The fixed price for the June 2003 offering was $44.10, and the fixed price for the June 2004 offering was $46.74. The market price at the end of the program was $46.50. The shares under the June 2003 offering were purchased at the offering price ($44.10), which was the market price at the start of the offering period. The shares under the June 2004 offering were purchased at the market price at the closing of the program ($46.50).

 

 

 

2007

 

2006

 

2005

 

Outstanding subscribed shares at beginning of year

 

 

 

7,112,678

 

Subscriptions entered into

 

 

 

 

Shares purchased

 

 

 

(4,498,358

)

Canceled or terminated

 

 

 

(2,614,320

)

Outstanding subscribed shares at end of year

 

 

 

 

 

This excerpt taken from the C 8-K filed Aug 14, 2008.

Stock Purchase Program

 

The Citigroup 2003 Stock Purchase Program, which was administered under the Citigroup 2000 Stock Purchase Plan, as amended, allowed eligible employees of Citigroup to enter into fixed subscription agreements to purchase shares in the future at the lesser of the market price on the first day of the offering period or at the market price at the end of the offering period. For the June 15, 2003 offering only, subject to certain limits, enrolled employees were permitted to make one purchase prior to end of the offering period. The purchase price of the shares was paid with accumulated payroll deductions plus interest. Shares of Citigroup’s common stock delivered under the Citigroup 2003 Stock Purchase Program were sourced from treasury shares. Offerings under the Citigroup 2003 Stock Purchase Program were made in June 2003 and to new employees in June 2004. The program ended in July 2005.

 

The following were the share prices under the Stock Purchase Program: The fixed price for the June 2003 offering was $44.10, and the fixed price for the June 2004 offering was $46.74. The market price at the end of the program was $46.50. The shares under the June 2003 offering were purchased at the offering price ($44.10), which was the market price at the start of the offering period. The shares under the June 2004 offering were purchased at the market price at the closing of the program ($46.50).

 

 

 

2007

 

2006

 

2005

 

Outstanding subscribed shares at beginning of year

 

 

 

7,112,678

 

Subscriptions entered into

 

 

 

 

Shares purchased

 

 

 

(4,498,358

)

Canceled or terminated

 

 

 

(2,614,320

)

Outstanding subscribed shares at end of year

 

 

 

 

 

This excerpt taken from the C 10-K filed Feb 22, 2008.

Stock Purchase Program

The Citigroup 2003 Stock Purchase Program, which was administered under the Citigroup 2000 Stock Purchase Plan, as amended, allowed eligible employees of Citigroup to enter into fixed subscription agreements to purchase shares in the future at the lesser of the market price on the first day of the offering period or at the market price at the end of the offering period. For the June 15, 2003 offering only, subject to certain limits, enrolled employees were permitted to make one purchase prior to end of the offering period. The purchase price of the shares was paid with accumulated payroll deductions plus interest. Shares of Citigroup’s common stock delivered under the Citigroup 2003 Stock Purchase Program were sourced from treasury shares. Offerings under the Citigroup 2003 Stock Purchase Program were made in June 2003 and to new employees in June 2004. The program ended in July 2005.

The following were the share prices under the Stock Purchase Program: The fixed price for the June 2003 offering was $44.10, and the fixed price for the June 2004 offering was $46.74. The market price at the end of the program was $46.50. The shares under the June 2003 offering were purchased at the offering price ($44.10), which was the market price at the start of the offering period. The shares under the June 2004 offering were purchased at the market price at the closing of the program ($46.50).

 

     2007    2006    2005  

Outstanding subscribed shares at beginning of year

        7,112,678  

Subscriptions entered into

         

Shares purchased

        (4,498,358 )

Canceled or terminated

        (2,614,320 )

Outstanding subscribed shares at end of year

         

 

This excerpt taken from the C 10-K filed Feb 23, 2007.

Stock Purchase Program

The Citigroup 2003 Stock Purchase Program, which was administered under the Citigroup 2000 Stock Purchase Plan, as amended, allowed eligible employees of Citigroup to enter into fixed subscription agreements to purchase shares in the future at the lesser of the market price on the first day of the offering period or at the market price at the end of the offering period. For the June 15, 2003 offering only, subject to certain limits, enrolled employees were permitted to make one purchase prior to end of the offering period. The purchase price of the shares was paid with accumulated payroll deductions plus interest. Shares of Citigroup’s common stock delivered under the Citigroup 2003 Stock Purchase Program were sourced from treasury shares. Offerings under the Citigroup 2003 Stock Purchase Program were made in June 2003 and to new employees in June 2004. The program ended in July 2005.

The following were the share prices under the Stock Purchase Program: The fixed price for the June 2003 offering was $44.10, and the fixed price for the June 2004 offering was $46.74. The market price at the end of the program was $46.50. The shares under the June 2003 offering were purchased at the offering price ($44.10), which was the market price at the start of the offering period. The shares under the June 2004 offering were purchased at the market price at the closing of the program ($46.50).

 

     2006    2005      2004  

Outstanding subscribed shares at beginning of year

     7,112,678      8,336,245  

Subscriptions entered into

          495,144 .

Shares purchased

     (4,498,358 )    (365,591 )

Canceled or terminated

     (2,614,320 )    (1,353,120 )

Outstanding subscribed shares at end of year

          7,112,678  
This excerpt taken from the C 10-K filed Feb 24, 2006.

Stock Purchase Program

        The Citigroup 2003 Stock Purchase Program, which was administered under the Citigroup 2000 Stock Purchase Plan, as amended, allowed eligible employees of Citigroup to enter into fixed subscription agreements to purchase shares in the future at the lesser of the market price on the first day of the offering period or at the market price at the end of the offering period. For the June 15, 2003 offering only, subject to certain limits, enrolled employees were permitted to make one purchase prior to end of the offering period. The purchase price of the shares was paid with accumulated payroll deductions plus interest. Shares of Citigroup's common stock delivered under the Citigroup 2003 Stock Purchase Program was sourced from treasury shares. The offering under the Citigroup 2003 Stock Purchase Program were made on June 2003 and to new employees in June 2004, an additional offering was made to new employees. The program ended in July 2005.

        The following are the share prices under the Stock Purchase Program. The fixed price for the June 2003 offering was $44.10 and the fixed price for the June 2004 offering was $46.74. The market price at the end of the program was $46.50. The shares under the June 2003 offering were purchased at the offering price $(44.10), which was the market price at the start of the offering period. The shares under the June 2004 offering were purchased at the market price at the closing of the program $(46.50).

 
  2005
  2004
  2003
 
Outstanding subscribed shares at beginning of year   7,112,678   8,336,245    
Subscriptions entered into     495,144   8,784,380  
Shares purchased   (4,498,358 ) (365,591 ) (65 )
Canceled or terminated   (2,614,320 ) (1,353,120 ) (448,070 )
   
 
 
 
Outstanding subscribed shares at end of year     7,112,678   8,336,245  
   
 
 
 
This excerpt taken from the C 8-K filed Sep 9, 2005.

Stock Purchase Program

 

The Citigroup 2003 Stock Purchase Program, which is administered under the Citigroup 2000 Stock Purchase Plan, as amended, allows eligible employees of Citigroup to enter into fixed subscription agreements to purchase shares in the future at the lesser of the offering price on the first day of the offering period or the closing price at the end of the offering period.  For the June 15, 2003 offering only, subject to certain limits, enrolled employees are permitted to make one purchase prior to the expiration date.  The purchase price of the shares is paid with accumulated payroll deductions plus interest.  Shares of Citigroup’s common stock delivered under the Citigroup 2003 Stock Purchase Program may be sourced from authorized and unissued or treasury shares.  The offering under the Citigroup 2003 Stock Purchase Program was made on June 15, 2003.  In June 2004, an additional offering was made to new employees.  The program ends in July 2005.  The original offering under the Citigroup Stock Purchase Program was in August 2000.  Under this offering, eligible employees of Citigroup were able to enter into fixed subscription agreements to purchase shares in the future at the market value on the date of the agreements.  In 2001, three additional offerings were made to new employees in April, August, and November 2001.  In March 2002, an additional offering was made to new employees.

 

Following is the share price under both Stock Purchase Programs.  The fixed price for the June 2003 offering was $44.10.  The fixed price for the June 2004 offering was $46.74.  The fixed price for the 2000 program in August 2000 was $49.36 per share.  The fixed prices for the offerings made in April, August, and November 2001 were $41.95, $46.83 and $42.45, respectively.  The fixed price for the offering made in March 2002 was $42.20.

 

 

 

2004

 

2003

 

2002

 

Outstanding subscribed shares at beginning of year

 

8,336,245

 

 

22,796,355

 

Subscriptions entered into

 

495,144

 

8,784,380

 

363,970

 

Shares purchased

 

(365,591

)

(65

)

(19,794

)

Canceled or terminated (1)

 

(1,353,120

)

(448,070

)

(23,140,531

)

Outstanding subscribed shares at end of year

 

7,112,678

 

8,336,245

 

 

 


(1)   2002 activity represents shares canceled or expired due to the grant price exceeding the market price.

 

This excerpt taken from the C 8-K filed Jun 7, 2005.

Stock Purchase Program

 

The Citigroup 2003 Stock Purchase Program, which is administered under the Citigroup 2000 Stock Purchase Plan, as amended, allows eligible employees of Citigroup to enter into fixed subscription agreements to purchase shares in the future at the lesser of the offering price on the first day of the offering period or the closing price at the end of the offering period.  For the June 15, 2003 offering only, subject to certain limits, enrolled employees are permitted to make one purchase prior to the expiration date.  The purchase price of the shares is paid with accumulated payroll deductions plus interest.  Shares of Citigroup’s common stock delivered under the Citigroup 2003 Stock Purchase Program may be sourced from authorized and unissued or treasury shares.  The offering under the Citigroup 2003 Stock Purchase Program was made on June 15, 2003.  In June 2004, an additional offering was made to new employees.  The program ends in July 2005.  The original offering under the Citigroup Stock Purchase Program was in August 2000.  Under this offering, eligible employees of Citigroup were able to enter into fixed subscription agreements to purchase shares in the future at the market value on the date of the agreements.  In 2001, three additional offerings were made to new employees in April, August, and November 2001.  In March 2002, an additional offering was made to new employees.

 

Following is the share price under both Stock Purchase Programs.  The fixed price for the June 2003 offering was $44.10.  The fixed price for the June 2004 offering was $46.74.  The fixed price for the 2000 program in August 2000 was $49.36 per share.  The fixed prices for the offerings made in April, August, and November 2001 were $41.95, $46.83 and $42.45, respectively.  The fixed price for the offering made in March 2002 was $42.20.

 

 

 

2004

 

2003

 

2002

 

Outstanding subscribed shares at beginning of year

 

8,336,245

 

 

22,796,355

 

Subscriptions entered into

 

495,144

 

8,784,380

 

363,970

 

Shares purchased

 

(365,591

)

(65

)

(19,794

)

Canceled or terminated (1)

 

(1,353,120

)

(448,070

)

(23,140,531

)

Outstanding subscribed shares at end of year

 

7,112,678

 

8,336,245

 

 

 


(1)   2002 activity represents shares canceled or expired due to the grant price exceeding the market price.

 

This excerpt taken from the C 10-K filed Feb 28, 2005.

Stock Purchase Program

        The Citigroup 2003 Stock Purchase Program, which is administered under the Citigroup 2000 Stock Purchase Plan, as amended, allows eligible employees of Citigroup to enter into fixed subscription agreements to purchase shares in the future at the lesser of the offering price on the first day of the offering period or the closing price at the end of the offering period. For the June 15, 2003 offering only, subject to certain limits, enrolled employees are permitted to make one purchase prior to the expiration date. The purchase price of the shares is paid with accumulated payroll deductions plus interest. Shares of Citigroup's common stock delivered under the Citigroup 2003 Stock Purchase Program may be sourced from authorized and unissued or treasury shares. The offering under the Citigroup 2003 Stock Purchase Program was made on June 15, 2003. In June 2004, an additional offering was made to new employees. The program ends in July 2005. The original offering under the Citigroup Stock Purchase Program was in August 2000. Under this offering, eligible employees of Citigroup were able to enter into fixed subscription agreements to purchase shares in the future at the market value on the date of the agreements. In 2001, three additional offerings were made to new employees in April, August, and November 2001. In March 2002, an additional offering was made to new employees.

        Following is the share price under both Stock Purchase Programs. The fixed price for the June 2003 offering was $44.10. The fixed price for the June 2004 offering was $46.74. The fixed price for the 2000 program in August 2000 was $49.36 per share. The fixed prices for the offerings made in April, August, and November 2001 were $41.95, $46.83 and $42.45, respectively. The fixed price for the offering made in March 2002 was $42.20.

 
  2004
  2003
  2002
 
Outstanding subscribed shares at beginning of year   8,336,245     22,796,355  
Subscriptions entered into   495,144   8,784,380   363,970  
Shares purchased   (365,591 ) (65 ) (19,794 )
Canceled or terminated(1)   (1,353,120 ) (448,070 ) (23,140,531 )
   
 
 
 
Outstanding subscribed shares at end of year   7,112,678   8,336,245    
   
 
 
 

(1)
2002 activity represents shares canceled or expired due to the grant price exceeding the market price.

"Stock Purchase Program" elsewhere:

State Street (STT)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki