Market Overview

AIG Announces Close of Treasury's $7.6B Offering of Stock

Share:
Related AIG
AIG Higher Despite Q4 Miss
Despite Activists, AIG Core Seen As 'Weaker' By Analysts
Tracking Seth Klarman's Baupost Group Holdings - Q4 2015 Update (Seeking Alpha)

American International Group, Inc. (NYSE: AIG) announced today the completion of an offering of approximately 234.2 million shares of AIG common stock by the U.S. Department of the Treasury (Treasury). Treasury received proceeds of approximately $7.6 billion from the sale. The sale of these shares – the last of Treasury's remaining shares of AIG – marks the full resolution of America's financial support of AIG.

Posted-In: News Offerings

 

Related Articles (AIG)

Get Benzinga's Newsletters