secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN INTERNATIONAL GROUP, INC. (AIG)
CIK:        0000005272
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000005272-24-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AIG Q1 net income $1.74/sh, adjusted $1.77/sh; dividend up 11% to $0.40; buyback auth to $10B
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- Net income per diluted share $1.74; adjusted after-tax income per diluted share $1.77.
- General Insurance underwriting income $596M, up 19% YoY; combined ratio 89.8% (up 2.1 pts).
- Board declared $0.40/share quarterly dividend, an 11% increase; second consecutive year of 10%+ hike.
- Executed ~$3B of capital management in Q1, incl. $1.7B stock repurchases and $459M debt repayment.
- Board increased share repurchase authorization to $10.0B effective May 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5272/000000527224000047/0000005272-24-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5272/000000527224000047/aig-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000005272-24-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer