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twitterShare buybacks lift stock
Thursday, July 25, 2002 | 11:10 a.m.
NEW YORK -- Citigroup Inc. repurchased almost $2 billion of shares this month to help lift the stock price from four-year lows.
Citigroup shares tumbled to their lowest price since 1998 this week as its executives challenged charges in Congress that the world's largest financial services company had helped bankrupt energy trader Enron Corp. hide debt.
The shares rose $1.39 to $30.98 in 11:45 a.m. New York Stock Exchange trading today.
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