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AIG Sets Secondary Offering Of Upto 40.25 Mln Existing Shares Of Corebridge Financial Common Stock
(RTTNews) - American International Group, Inc. (AIG) announced Friday the launch of a secondary offering of Corebridge Financial, Inc. (CRBG) common stock.
As the selling stockholder, AIG is offering 35 million existing shares of common stock of Corebridge and has granted a 30-day option to the underwriter to purchase up to an additional 5.25 million shares.
AIG will remain a majority shareholder of Corebridge Financial upon completion of this offering. All of the net proceeds from the offering will go to AIG. The last reported per share sale price of Corebridge Financial common stock on November 30, 2023 was $21.03.
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AIG Prices Secondary Offering Of Corebridge Financial Common Stock At $20.50/shr
American International Group, Inc. (AIG) announced Friday it has priced the secondary offering of Corebridge Financial, Inc. (CRBG) common stock at $20.50 per share. The offering is expected to close on December 5, 2023, subject to customary closing conditions.
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661 days ago
Swiss Market Settles Marginally Up
The Switzerland market ended marginally up on Monday, despite struggling a bit early on in the session, and then for a few minutes in the final hour.
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22 minutes ago
European Stocks Close Mostly Lower After Cautious Session
European stocks closed mostly weak on Monday amid geopolitical tensions, and the Trump administration's announcement of sweeping changes to the H-1B visa regime. Profit warnings by a few major auto companies weighed as well.
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48 minutes ago
TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again
After moving to a new record high thanks to strong buying in the materials sector, the Canadian market remains fairly well placed in positive territory a little past noon on Monday.
Amid geopolitical tensions and rising bets on more monetary easing by the Federal Reserve this year, gold and silver prices have risen sharply today, triggering hectic buying in the materials sector.
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1h 59min ago
Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled
Western United Fish Co., dba Annasea Foods Group, is recalling around 3,300 pounds of Kirkland Signature Ahi Tuna Wasabi Poke sold at Costco stores due to potential contamination with Listeria monocytogenes, according to the U.S. Food and Drug Administration.
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5h 49min ago
Bay Street Looks Headed For Positive Start
Canadian stocks look headed for a positive start Monday morning, with rising bullion prices and rate cut bets set to lift sentiment.
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5h 57min ago
China's BYD Stock Down On Reports Of Warren Buffett's Berkshire Hathaway Sells Out Stake
Warren Buffett's Berkshire Hathaway Inc. has sold out its entire stake in Chinese automaker BYD Co. Ltd., as per a filing with the U.S. Securities and Exchange Commission. In Hong Kong, BYD shares fell 2.3 percent after reports of Berkshire Hathaway offloading all its stake in the Chinese electric-vehicle maker.
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6h 21min ago
FTSE 100 Up Marginally; Miners In Demand
The U.K. stock market is somewhat subdued on Monday with investors mostly staying cautious, looking ahead to reports on manufacturing and services sector activity from major economies for directional clues. A key reading on U.S. inflation is also due this week.
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6h 46min ago
