other_material
confidence high
sentiment neutral
materiality 0.85
AIG to sell 30M shares of Corebridge common stock at $33.51 per share in secondary offering
Corebridge Financial, Inc.
- Selling stockholder AIG agreed to sell 30,000,000 shares of CRBG common stock at $33.5113/share to Morgan Stanley.
- Underwriters granted a 30-day option to purchase up to an additional 4,500,000 shares to cover over-allotments.
- Corebridge receives no proceeds from the offering; all shares are sold by AIG.
- Underwriting agreement dated August 6, 2025; closing subject to customary conditions.
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