AIG (AIG) Raises Quarterly Dividend 124% to $0.28; 1.7% Yield
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AIG Board of Directors Authorizes Repurchase of Additional Shares of AIG Common Stock, Declares Increased Common Stock Dividend
August 3, 2015 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced the following actions taken by its Board of Directors:
Authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of up to $5.0 billion. During the first half of 2015, AIG repurchased approximately $3.7 billion of shares of AIG Common Stock, pursuant to prior authorizations from the Board of Directors. AIG made additional repurchases of approximately $965 million through the end of July 2015. AIGs aggregate remaining share repurchase authorization, inclusive of todays announced $5.0 billion authorization, is... More