secwatch.observer — SEC 8-K summary
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Issuer:     Corebridge Financial, Inc. (CRBG)
CIK:        0001889539
Form:       8-K
Filed at:   2024-05-03T23:59:59+00:00
Accession:  0001889539-24-000019
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corebridge Q1 net income $878M ($1.41 EPS); operating EPS $1.10 +13% YoY; $2B buyback increase
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- Net income $878M ($1.41 diluted EPS); adjusted after-tax operating income $688M ($1.10 operating EPS).
- Premiums and deposits $10.6B; base portfolio income up 18% YoY; base yield expanded 50 bps.
- Completed sale of UK life insurance business to Aviva plc on April 8, 2024.
- Board authorized $2B increase to share repurchase program; returned $386M to shareholders YTD.
- Corebridge Forward modernization delivered $400M run rate savings, achieved ahead of plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889539/000188953924000019/0001889539-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889539/000188953924000019/crbg-20240503.htm
  HTML page:      https://secwatch.observer/filing/0001889539-24-000019

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