Corebridge launches secondary offering of common stock by AIG

seekingalpha
2024-11-08
  • Corebridge Financial (NYSE:CRBG) announced the launch of a secondary offering of its common stock by American International Group (NYSE:AIG).
  • AIG, as the selling stockholder, is offering 30 million existing shares of common stock of Corebridge Financial and has granted a 30-day option to the underwriters to purchase up to an additional 4.5 million shares.
  • All of the net proceeds from the offering will go to AIG.
  • Source: Press Release

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