American International Group, Inc. Buyback
OLI recorded this information on 5/3/2017
Company: |
American International Group, Inc. |
Buyback: |
AIG buyback |
$Amount Authorized: |
$3,800,000,000 |
Buyback Details: |
American International Group, Inc. (NYSE:AIG) today announced the following actions taken by its Board of Directors: Authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of up to $2.5 billion. During the three-month period ended March 31, 2017, AIG repurchased approximately $3.6 billion of AIG Common Stock, pursuant to prior authorizations from the Board of Directors. AIG repurchased an additional approximately $1.1 billion of AIG Common Stock through May 3, 2017. AIG's aggregate remaining share repurchase authorization, inclusive of today's announced $2.5 billion authorization, is approximately $3.8 billion. Repurchases may be made from time to time in the open market, private purchases, through forward, derivative, accelerated repurchase or automatic repurchase transactions, or otherwise (including through the purchase of warrants). |
American International Group is a holding company. Through its subsidiaries, Co. is an insurance organization that provides a range of property casualty insurance, life insurance, retirement solutions and other financial services. Co.'s segments include: General Insurance, which provides insurance products and services for commercial and personal insurance customers; Life and Retirement, which brings together a portfolio of life insurance, retirement and institutional products provided through a multichannel distribution network; and Other Operations, which consists businesses held by Co. and other corporate subsidiaries and Co.'s institutional asset management business.
American International Group SEC Filing Email Alerts Service
Preferreds: VR.PRA, VR.PRB, AIG.PRA
Open the AIG Page at The Online Investor »
Company Name: |
American International Group Inc |
Stock buyback: |
AIG buyback |
Website: |
www.aig.com |
Sector: |
Insurance Brokers |
Number of ETFs Holding AIG: |
110 |
Total Market Value Held by ETFs: |
$6.88B |
Total Market Capitalization: |
$49.42B |
% of Market Cap. Held by ETFs: |
13.91% |
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