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Perpetual Ltd Purchases 12,620 Shares of Citigroup Inc. $C
Perpetual Ltd significantly increased its stake in Citigroup Inc. by 117.5% in Q4, acquiring 12,620 additional shares to hold a total of 23,362 shares valued at $2.726 million. This comes as Citigroup announced a reorganization of segment reporting and an updated capital-allocation framework for Q1 2026, alongside declaring a quarterly dividend of $0.60 per share. Despite these positive indicators, an insider, Cantu Ernesto Torres, sold a substantial portion of his shares, reducing his position by 48.5%.