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  >  Nyse  >  American International Group    AIG

AMERICAN INTERNATIONAL GROUP (AIG)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

American International Group, Inc. : AIG Announces U.S. Department of the Treasury Pricing of Offering to Sell Shares of AIG Common Stock

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/07/2012 | 01:50am CEST

American International Group, Inc. (NYSE: AIG) today announced that the U.S. Department of the Treasury (Treasury) has priced an offering of 163,934,426 shares of its AIG common stock at the public offering price of $30.50 per share. Treasury has also granted an option to the underwriters for the offering to purchase up to an additional 24,590,163 shares to cover over-allotments, if any. In connection with Treasury's offering and as permitted by the previously announced authorization by the AIG Board of Directors, AIG has agreed to purchase 65,573,770 shares of AIG common stock in the offering at the public offering price for an aggregate purchase amount of approximately $2.0 billion.

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. In particular, no assurance can be given that the offering or purchase will be completed. These forward-looking statements reflect AIG's current views with respect to future events and are based on assumptions and are subject to risks and uncertainties. Except for AIG's ongoing obligation to disclose material information as required by federal securities laws, it does not intend to provide an update concerning any future revisions to any forward-looking statements to reflect events or circumstances occurring after the date hereof.

The offering is being made under AIG's shelf registration statement filed with the Securities and Exchange Commission and only by means of a prospectus supplement and accompanying prospectus. When available, a copy of the prospectus supplement and accompanying prospectus relating to the offering may be obtained from the Securities and Exchange Commission's Web site at www.sec.gov or by contacting any of (i) Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, NY 10005-2836, by calling 1-800-503-4611 or emailing [email protected], (ii) Goldman, Sachs & Co. Attn: Prospectus Department, 200 West Street, New York, New York 10282, by calling toll-free 866-471-2526, by faxing 212-902-9316 or by emailing [email protected], (iii) BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080, Attn: Prospectus Department, by emailing [email protected], (iv) Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by emailing [email protected] or calling 888-603-5847, (v) Citigroup Global Markets Inc., Attn: Prospectus Department, Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, New York 11220, by calling 800-831-9146, (vi) Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, One Madison Avenue, New York, NY 10010, by emailing [email protected] or calling 800-221-1037, (vii) J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by calling 866 803-9204, (viii) Macquarie Capital (USA) Inc., 125 West 55th Street, New York, NY 10019, Attn: Prospectus Department, by emailing [email protected] or calling (888) 268-3937, (ix) Morgan Stanley & Co. LLC, c/o Prospectus Department, 180 Varick Street 2/F, New York, NY 10014 or by emailing at [email protected], (x) UBS Securities LLC, 299 Park Avenue, New York, NY 10171, Attn: Prospectus Department, by calling (888) 827-7275, and (xi) Wells Fargo Securities, LLC, 375 Park Avenue, New York, NY 10152, Attention: Equity Syndicate Department, by emailing [email protected] or calling 800-326-5897.

American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

American International Group, Inc.
News Media
Jim Ankner, 212-770-3277
Cell: 917-882-7677
or
Investment Community
Liz Werner, 212-770-7074


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AMERICAN INTERNATIONAL GRO
05/21Insurers cash in on new European data privacy rules
RE
05/17AMERICAN INTERNATIONAL : Trademark Application for "AIG ENVIRONMENTAL" Filed
AQ
05/17AMERICAN INTERNATIONAL : Trademark Application for "AMERICAN INTERNATIONAL SPECI..
AQ
05/14AMERICAN INTERNATIONAL : AIG Names Mark D. Lyons as Senior Vice President & Chie..
BU
05/11VALIC : Partnership with RetireUp Simplifying Retirement Investing for Advisors ..
BU
05/11AMERICAN INTERNATIONAL : Trademark Application for "PREMIERE 7" Filed
AQ
05/11AMERICAN INTERNATIONAL : Trademark Application for "MARKETLOCK INCOME PLUS" File..
AQ
05/10AMERICAN INTERNATIONAL : AIG Board of Directors Declares Common Stock Dividend o..
AQ
05/09AMERICAN INTERNATIONAL GROUP INC : Submission of Matters to a Vote of Security H..
AQ
05/09AIG shareholders approve $43 million pay package for CEO
RE
More news
News from SeekingAlpha
05/21Tracking Carl Icahn's Portfolio - Q1 2018 Update 
05/17AIG upgraded to buy by UBS on re-set expectations 
05/15Icahn adds Newell Brands to holdings, exits AIG and PayPal 
05/09Crude Oil Keeps Climbing After President Trump's Iran Decision; Disney's Earn.. 
05/09WALL STREET BREAKFAST : Iran Deal Exit Ignites Oil 
Financials ($)
Sales 2018 47 983 M
EBIT 2018 6 005 M
Net income 2018 4 492 M
Debt 2018 -
Yield 2018 2,37%
P/E ratio 2018 11,60
P/E ratio 2019 9,57
Capi. / Sales 2018 1,04x
Capi. / Sales 2019 1,00x
Capitalization 49 771 M
Chart AMERICAN INTERNATIONAL GRO
Duration : Period :
American International Gro Technical Analysis Chart | AIG | US0268747849 | 4-Traders
Technical analysis trends AMERICAN INTERNATIONAL GRO
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 62,8 $
Spread / Average Target 14%
EPS Revisions
Managers
NameTitle
Brian Duperreault President, Chief Executive Officer & Director
Douglas M. Steenland Independent Non-Executive Chairman
Peter Zaffino Global Chief Operating Officer & Executive VP
Siddhartha Sankaran Chief Financial Officer & Executive VP
Martha J. Gallo Chief Information Officer & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
AMERICAN INTERNATIONAL GROUP-7.44%49 771
ALLIANZ0.00%99 311
CHUBB LTD-8.38%62 203
ZURICH INSURANCE GROUP6.17%47 779
MARSH & MCLENNAN COMPANIES0.00%41 184
HARTFORD FINANCIAL SERVICES GROUP (THE)-5.35%19 135