AIG to use Corebridge secondary offering’s proceeds for share buybacks: Zaffino
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AIG to use Corebridge secondary offering’s proceeds for share buybacks: Zaffino

Jairo Ibarra
November 02, 2022
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AIG expects to use the capital from Corebridge’s secondary offering in 2023 to repurchase shares as the carrier continues with its buyback program, according to chairman and CEO Peter Zaffino.

During the carrier’s Q3 call with analysts, Zaffino said: “Our current expectation is that the net proceeds will largely be deployed to share repurchases.”

AIG

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Jairo Ibarra
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