---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-060714"
form_type: "8-K"
ticker: "C"
cik: "0000831001"
company_name: "CITIGROUP INC"
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T03:17:03.595908+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "medium"
source: SEC EDGAR
---

# Citigroup establishes 7.200% Fixed Rate Reset Noncumulative Preferred Stock, Series BB

## Summary
- Filed Certificate of Designations on March 5, 2024, creating Series BB preferred stock.
- Series BB carries a 7.200% fixed rate reset noncumulative dividend; offered as Depositary Shares (1/25th interest).
- Underwriting agreement dated February 28, 2024; proceeds and share count not disclosed in filing.
- Exhibit 99.1 lists all registered securities under Section 12(b) – procedural information only.

## SEC filing metadata
- accession: 0001193125-24-060714
- form_type: 8-K
- ticker: C
- cik: 0000831001
- company_name: CITIGROUP INC
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: medium
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/831001/000119312524060714/0001193125-24-060714-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/831001/000119312524060714/d808371d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-060714
- JSON: https://secwatch.observer/filing/0001193125-24-060714.json
- Plain text: https://secwatch.observer/filing/0001193125-24-060714.txt

## Key facts
- Governance Changes
  CITIGROUP INC: Established a new series of preferred stock, 7.200% Fixed Rate Reset Noncumulative Preferred Stock, Series BB, by filing a Certificate of Designations that amended the Restated Certificate of Incorporation (effective 2024-03-05).
  - Change: charter amendment
  - Effective: 2024-03-05
  source text: On March 5, 2024, Citigroup Inc. filed a Certificate of Designations with the Secretary of State of the State of Delaware, establishing the designations, preferences, powers and rights of the shares of a new series of Citigroup preferred stock, 7.200% Fixed Rate Reset Noncumulative Preferred Stock, Series BB. The Certificate of Designations amended Citigroup’s Restated Certificate of Incorporation, as amended, and was effective immediately on filing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/831001/000119312524060714/0001193125-24-060714-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.