Shares of Citigroup Inc (NYSE:C) ended Tuesday session in red amid volatile trading. The shares closed down -0.05 points or -0.11% at $46.54 with 13.75 million shares getting traded. Post opening the session at $47.04, the shares hit an intraday low of $46.45 and an intraday high of $47.19 and the price vacillated in this range throughout the day. The company has a market cap of $135.74 billion and the numbers of outstanding shares have been calculated to be 2.91 billion shares.
On September 13, 2016 Citi’s Issuer Services business, acting through Citibank, N.A., has been appointed by América Móvil S.A.B. de C.V., one of the largest integrated telecommunications companies in the world, as the successor depositary bank for its sponsored American Depositary Receipt (ADR) programs.
América Móvil’s ADRs are traded on the New York Stock Exchange under the symbol “AMX” for its ADRs representing L shares and on the NASDAQ Stock Market under the symbol “AMOV” for its ADRs representing A shares. Each ADR represents 20 L or A shares, respectively. América Móvil is based in Mexico and its underlying L and A shares are listed on the Mexican Stock Exchange.
“Providing value for our ADR holders is an important commitment, and we look forward to working with Citi to further develop and improve our ADR programs,” said Carlos Garcia Moreno, CFO of América Móvil.
“We are honored to be appointed successor depositary bank for América Móvil’s ADR programs,” said Dirk Jones, Head of Global Issuer Services at Citi. “With Citi’s investor relations expertise and global presence, we are confident we can facilitate the continued success of América Móvil’s ADR programs.”
Shares of KeyCorp (NYSE:KEY) ended Tuesday session in red amid volatile trading. The shares closed down -0.07 points or -0.57% at $12.19 with 8.81 million shares getting traded. Post opening the session at $12.38, the shares hit an intraday low of $12.14 and an intraday high of $12.39 and the price vacillated in this range throughout the day. The company has a market cap of $13.19 billion and the numbers of outstanding shares have been calculated to be 1.08 billion shares.
KeyCorp (KEY) announced that it will release third quarter 2016 earnings on Tuesday, October 25, 2016, before the market opens. A conference call will be held at 9:00 a.m. ET to review financial results, strategy and outlook.
The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Presentations & Webcasts.