Form 8-K · Current Report · Filed 2024-01-31
AIG Announces Redemption of Series A Preferred Stock
American International Group, Inc. announced on January 31, 2024, the redemption of all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock and corresponding Depositary Shares on March 15, 2024, at a price of $25,000 per share of Series A Preferred Stock (or $25.00 per Depositary Share). As of January 31, 2024, 20,000 shares of Series A Preferred Stock and 20,000,000 Depositary Shares were outstanding. This announcement is not a notice of redemption, and holders should refer to the notice from the Depositary.
- Filer
- American International Group Inc. AIG · NYSE
- Filed
- Accession
- 0000005272-24-000004
- CIK
- 0000005272
- Signal
- Medium impactFinancial Services
- Source
- Official filing on sec.gov ↗
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Financial Statements and Exhibits
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Exhibits (1)
About American International Group Inc.
American International Group Inc. is a prominent multinational finance and insurance corporation. Its primary function is to provide a wide array of insurance products and services to clients globally. These offerings include general property and casualty insurance, life insurance, retirement solutions, and other financial services. AIG plays a critical role in the financial market by offering risk management solutions and safeguarding assets for both individuals and businesses. Operating across numerous sectors such as commercial, financial institutions, and personal insurance markets, AIG holds a significant presence in the global insurance landscape. The company is known for tailored products designed to meet diverse customer needs, ranging from small businesses to major corporations. Its broad market reach and longstanding industry experience make it a key player in driving insurance innovation and providing financial security. Founded in 1919 and headquartered in New York City, AIG continues to influence the financial market through strategic leadership and adaptation to changing financial and regulatory environments, consistently working towards strengthening its market position through technological advancements and sustainable practices.
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