AIG announces $500 million accelerated share repurchase

AIG | February 26, 2020

AIG announces $500 million accelerated share repurchase
American International Group (AIG) has entered into an accelerated share repurchase (ASR) agreement with Citibank to repurchase $500 million in AIG common stock. The agreement is part of AIG’s $2 billion share repurchase authorization announced in February 2019. “We remain committed to delivering long-term, sustainable value to all of our stakeholders,” said Brian Duperreault, CEO of AIG. “While AIG 200, investing in our business and reducing leverage are key components of our capital-management strategy, we continue to be mindful of the importance of deploying capital through a balanced approach that also includes returning capital to investors. As a result, in addition to our recently announced redemption of $350 million of 4.35% Callable Notes Due 2045, we are proceeding with this $500 million share buyback.”

Spotlight

This Visualizing Health Policy infographic provides a snapshot of the 2014 Ebola outbreak in West Africa. It includes key facts about the Ebola virus, shows how the number of Ebola cases in the current outbreak outstrips the case total from all previous Ebola outbreaks and offers a summary of the key U.S. agencies responding to the crisis and the roles they are playing. In addition, it provides a look at the growing 2014 Ebola case count in West Africa compared to U.S. government funding commitments.

Spotlight

This Visualizing Health Policy infographic provides a snapshot of the 2014 Ebola outbreak in West Africa. It includes key facts about the Ebola virus, shows how the number of Ebola cases in the current outbreak outstrips the case total from all previous Ebola outbreaks and offers a summary of the key U.S. agencies responding to the crisis and the roles they are playing. In addition, it provides a look at the growing 2014 Ebola case count in West Africa compared to U.S. government funding commitments.

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