# The bank also unveiled a multi-year $30 billion share buyback plan.

*business · news · 2026-05-07 · Reuters*

## Key points

- Citi announced a $30 billion share buyback plan starting in the second quarter of 2024.
- Citi set new long-term ROTCE targets of 14% to 15% for 2029 and 2031.
- The bank posted its highest quarterly revenue in a decade at $24.6 billion in Q1.
- Citi’s 2025 ROTCE target remains at 8.8%, despite a higher Q1 ROTCE of 13.1%.

**Companies:** Citi
**Countries:** United States, India

[Read the full story on Reuters](https://www.reuters.com/business/finance/citigroup-targets-11-13-near-term-return-tangible-assets-2026-05-07/)

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