AIG (AIG) Tops Q2 EPS by 5c
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AIG Reports Second Quarter 2016 Results
August 2, 2016 4:17 PM EDTReturn on Equity Increases to 8.6% from 6.8%
Board of Directors Authorizes Repurchase of $3.0 Billion of Additional Shares of AIG Common Stock
NEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today reported net income of $1.9 billion, or $1.68 per diluted share, for the second quarter of 2016, compared to $1.8 billion, or $1.32 per diluted share, in the prior-year quarter.
After-tax operating income was $1.1 billion, or $0.98 per diluted share, for the second quarter of 2016, compared to $1.9 billion, or $1.39 per diluted share, in the prior-year quarter.
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