The Goldman Sachs Group, Inc. has repurchased from the United States Department of the Treasury the 10,000,000 shares of the Companys Fixed Rate Cumulative Perpetual Preferred Stock, Series H, that were issued to the Treasury pursuant to the U.S. Treasurys TARP Capital Purchase Program.
The aggregate purchase price paid by Goldman Sachs to the U.S. Treasury for the Preferred Stock (including accrued dividends) was approximately USD10.04 billion. The repurchase includes a one-time preferred dividend of approximately USD425 million which will be reflected in our second quarter results. This is expected to reduce reported diluted EPS for the quarter by approximately USD0.77 per share.
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