secwatch.observer — SEC 8-K summary
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Issuer:     Corebridge Financial, Inc. (CRBG)
CIK:        0001889539
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001628280-23-023151
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corebridge to repurchase $200M of common stock from AIG and Blackstone at $16.41/share
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- Repurchase of approx. 12.2M shares at $16.41/share; closing expected June 23, 2023.
- AIG sells majority of shares; Blackstone affiliate sells to maintain ≤9.9% ownership.
- Repurchase executed under existing Stockholders Agreement provisions.
- Consideration paid in cash; company reaffirms solvency post-transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889539/000162828023023151/0001628280-23-023151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889539/000162828023023151/crbg-20230622.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-023151

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