AIG (AIG) Raises Quarterly Dividend 14.3% to $0.32; 2.5% Yield
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Go back to AIG (AIG) Raises Quarterly Dividend 14.3% to $0.32; 2.5% Yield
February 12, 2016 7:28 AM EST
Piper Jaffray analyst, John Nadel, raised his PT on AIG (NYSE: AIG) $68 and reiterated his Overweight rating as Core results were in line, the company avoided a proxy battle and the company demonstrated good capital management.
AIG reported a 4Q15 op. loss of ($1.35B) vs. Piper's estimate of ($1.42B). Op. EPS was ($1.10) vs. consensus ($0.92). Ex. $2.67B of one-time expenses, core op.... More
February 11, 2016 4:19 PM EST
American International Group, Inc. (NYSE: AIG) said that its Board of Directors has agreed to expand the size of the AIG Board from 14 seats to 16 seats.
The Board will nominate its existing Board of Directors, as well as John Paulson, President of Paulson &... More
February 11, 2016 4:16 PM EST
AIG (NYSE: AIG) reported Q4 EPS of ($1.10), $0.19 worse than the analyst estimate of ($0.91).
AIG also 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 2015, AIG repurchased approximately $10.7 billion of shares of AIG Common Stock, pursuant to prior authorizations from the Board of Directors. AIG made additional repurchases of approximately $2.5 billion through February 11, 2016. AIGs aggregate...
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