AIG (AIG) Announces $500 Million Accelerated Share Repurchase
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/19/2026
- Wall St set for higher open after retail earnings; Moderna soars
- U.S. Treasury doubles buyback operation size for long-dated bonds
- Marvell shares jump after giving Google warrants amid custom chip deal
- Nvidia credit risk gauge hits new peak as SoftBank readies record bond issue
- Target raises full-year sales forecast amid ongoing turnaround drive
- Marvell issues Google warrant tied to custom chip deal
- Tech selloff weighs down Wall Street as bond yields climb
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Francisco Partners to acquire Weave Communications for $650M
AIG Announces $500 Million Accelerated Share Repurchase
February 25, 2020 6:45 AM ESTNEW YORK--(BUSINESS WIRE)-- American International Group, Inc. (NYSE: AIG) today announced it has entered into an accelerated share repurchase (ASR) agreement with Citibank, N.A. to repurchase $500 million of AIGs common stock. The ASR is part of AIGs existing share repurchase authorization of $2 billion previously announced on February 13, 2019.
Brian Duperreault, AIGs Chief Executive Officer, commented: We remain committed to delivering long-term sustainable value to all of our stakeholders. While AIG 200, investing in our businesses and reducing leverage are key components of our capital management strategy, we continue to be mindful... More
