NEW YORK--(BUSINESS WIRE)--
American International Group, Inc. AIG announced late Monday that the
U.S. Department of the Treasury (Treasury) has priced an offering of
approximately 553.8 million shares of its AIG common stock at the
initial public offering price of $32.50 per share. Treasury has also
granted a 30-day option to the underwriters for the offering to purchase
up to an additional approximately 83.1 million shares to cover
over-allotments, if any. In connection with Treasury's offering, AIG has
agreed to purchase approximately 153.8 million shares of AIG common
stock in the offering at the initial public offering price for an
aggregate purchase amount of approximately $5 billion.
“This offering, Treasury's largest to date, makes America whole on its
See full press release
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