Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Stock Exchange of Hong Kong  >  AIA Group Ltd    1299   HK0000069689

SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

AIG To Sell Its Shares In AIA Group When Lock-Up Expires In September -Reuters

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/16/2012 | 07:25am CEST

American International Group Inc. (AIG) Chief Executive Robert Benmosche said the company will sell its remaining shares of Asian life insurer AIA Group Ltd. (1299.HK) after the lock-up period expires in September, Reuters reported Wednesday.

Benmosche said the sale will reduce AIG's earnings volatility.

AIG sold two-thirds of AIA in a Hong Kong initial public offering in October 2010 and sold about $6 billion of stock earlier this year, leaving it with a stake of about 18.6%.

Full story at http://www.reuters.com/article/2012/05/16/aig-aia-idUSL1E8GG82420120516

-Dow Jones Newswires; 212-416-2900

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AIA GROUP LTD
08:39a AIA : 3Q value of new business up 20% to US$824m
03:03aDJAIA : June-August Value of New Business Up 20% to US$824 Million
12:42a AIA : Delivers Strong New Business Growth for Third Quarter 2017
10/17DJANZ Sells Pensions, Financial Planning Businesses -- Update
10/13 AIA : inks new bancassurance partnership with Bangkok Bank
10/12 AIA : Daiwa sees AIA's 3Q VoNB growth of 21%
10/12DJAIA : Signs Bancassurance Pact With Bangkok Bank
10/12 AIA : extends Pan-Asian leadership through strategic long-term bancassurance par..
10/04 AIA : 'no plans to list tata aia'
09/22 RATING ACTION : Moody's affirms senior debt ratings of AIA Group Limited at A2 w..
More news
News from SeekingAlpha
07/07 The World's Most Valuable Brands Trading At Below-Market Valuations
03/13 WALL STREET BREAKFAST : March Madness In The Markets
03/13 HSBC names first outsider chairman
02/24 AIA Group, Ltd. 2017 Q1 - Results - Earnings Call Slides
02/24 AIA Group's (AAIGF) CEO Mark Edward Tucker on Q4 2016 Results - Earnings Call..
Financials ($)
Sales 2017 24 258 M
EBIT 2017 4 613 M
Net income 2017 5 170 M
Debt 2017 -
Yield 2017 1,67%
P/E ratio 2017 18,92
P/E ratio 2018 17,68
Capi. / Sales 2017 3,89x
Capi. / Sales 2018 3,45x
Capitalization 94 474 M
Chart AIA GROUP LTD
Duration : Period :
AIA Group Ltd Technical Analysis Chart | 1299 | HK0000069689 | 4-Traders
Technical analysis trends AIA GROUP LTD
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 8,77 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Keng Hooi Ng President, CEO & Executive Director
Sze Wing Tse Independent Non-Executive Chairman
Misra Biswa Group Chief Technology & Operations Officer
Garth Jones Group Chief Financial Officer
Chung Kong Chow Independent Non-Executive Director
Sector and Competitors