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Feb. 25, 2020, 6:50 a.m. EST

AIG announces $500 million accelerated share buyback

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By Ciara Linnane

American International Group Inc. /zigman2/quotes/203700638/composite AIG +4.57% said Tuesday it has entered a $500 million accelerated share buyback program with Citibank. The program is part of the bank's $2 billion repurchase authorization. Shares were not yet active premarket, but have gained 4% in the last 12 months, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.06% has gained 15%.

/zigman2/quotes/203700638/composite
US : U.S.: NYSE
$ 30.66
+1.34 +4.57%
Volume: 6.02M
Aug. 7, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
4.17%
Market Cap
$26.41 billion
Rev. per Employee
$951,774
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/zigman2/quotes/210599714/realtime
US : S&P US
3,351.28
+2.12 +0.06%
Volume: 2.28B
Aug. 7, 2020 5:10p
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