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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/lastsale AIG -7.27% 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 -3.37% has gained 15%.

/zigman2/quotes/203700638/lastsale
US : U.S.: NYSE
$ 25.51
-2.00 -7.27%
Volume: 9.47M
March 27, 2020 6:30p
P/E Ratio
6.82
Dividend Yield
5.02%
Market Cap
$22.28 billion
Rev. per Employee
$951,774
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/zigman2/quotes/210599714/realtime
US : S&P US
2,541.47
-88.60 -3.37%
Volume: 3.59B
March 27, 2020 5:12p
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