The Treasury Department announced the receipt Friday of $10.5 billion in proceeds from the sale of its final 2.4 billion shares of Citigroup Inc. common stock.

The Treasury announced Dec. 6 that it had sold its remaining stake in Citi. The agency received the stock in exchange for government aid to help the bank endure the U.S. financial crisis.

The Treasury had said it priced the 2.4 billion shares at $4.35 per share.

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