other material
confidence high
sentiment neutral
materiality 0.50
Corebridge Financial repurchases $200M of common stock from AIG at $24.90/share
Corebridge Financial, Inc.
- Corebridge signs agreement to buy back ~8.03M shares from AIG at $24.90/share for $200M total.
- Closing expected August 7, 2024, subject to standard closing conditions.
- AIG sells portion of its stake; Corebridge retains shares as treasury stock.
- Repurchase price equals Aug 5 closing price on NYSE.