AIG (AIG) Tops Q2 EPS by 18c; Adds $5B Common Stock Buyback Plan, Boosts Dividend

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Go back to AIG (AIG) Tops Q2 EPS by 18c; Adds $5B Common Stock Buyback Plan, Boosts Dividend

AIG Reports Second Quarter 2015 Net Income of $1.8 Billion and Diluted Earnings Per Share of $1.32

August 3, 2015 4:04 PM EDT

Second quarter 2015 after-tax operating income of $1.9 billion or $1.39 per diluted share Book value per share excluding AOCI and DTA of $62.22 increased 10 percent from the prior-year quarter Approximately $2.3 billion in share repurchases during the second quarter of 2015; additional repurchases of approximately $965 million through the end of July 2015 On August 3, 2015, AIGs Board of Directors authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of up to $5.0 billion, bringing AIGs remaining share repurchase authorization to approximately $6.3 billion... More