secwatch.observer — SEC 8-K summary
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Issuer:     Corebridge Financial, Inc. (CRBG)
CIK:        0001889539
Form:       8-K
Filed at:   2023-12-15T23:59:59+00:00
Accession:  0001628280-23-041631
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corebridge repurchases ~$150M shares from AIG, Blackstone affiliate at $21.75/share
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- Total repurchase of ~$150M at $21.75/share (NYSE closing price on Dec 14, 2023).
- Shares bought from AIG and Argon Holdco LLC (Blackstone affiliate).
- Closing expected Dec 18, 2023, subject to customary conditions.
- Repurchase limits Blackstone's ownership to 9.95% of the $150M purchase.
- Company funded with cash on hand; no change to ongoing buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889539/000162828023041631/0001628280-23-041631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889539/000162828023041631/crbg-20231214.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-041631

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