Corebridge Financial: Entered Share Repurchase Agreement With American International Group, AIG Buying Corebridge Shares at $24.90 Each
Portfolio Pulse from charles@benzinga.com
Corebridge Financial has entered into a share repurchase agreement with American International Group (AIG), where AIG will buy Corebridge shares at $24.90 each.
August 06, 2024 | 10:10 am
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POSITIVE IMPACT
American International Group (AIG) is buying Corebridge Financial shares at $24.90 each as part of a share repurchase agreement.
The share repurchase agreement indicates AIG's confidence in Corebridge Financial, which could positively impact AIG's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Corebridge Financial has entered into a share repurchase agreement with AIG, with AIG buying shares at $24.90 each.
The share repurchase agreement with AIG at a set price of $24.90 per share is likely to provide short-term support to Corebridge Financial's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100