AIG Board of Directors Authorizes Repurchase of Additional Shares of AIG Common Stock, Declares Comm

Business Wire press release ----- American International Group, Inc. (NYSE:AIG) announced the following actions taken by its Board of Directors: Authorized the repurchase of additional shares of AIG Common Stock with an aggregate purchase price of up to $3.5 billion. During 2016, AIG repurchased approximately $11.5 billion of AIG Common Stock and $309 million in warrants to purchase shares of AIG Common Stock (the "Warrants"), pursuant to prior authorizations from the Board of Directors. AIG repurchased an additional approximately $1.2 billion of AIG Common Stock through February 14, 2017. AIG's aggregate remaining share repurchase authorization, inclusive of the announced $3.5 billion authorization, is approximately, $4.7 billion. Repurchases may be made from time to time in the open market, private purchases, through forward, derivative, accelerated repurchase or automatic repurchase transactions, or otherwise (including through the purchase of warrants). Declared a quarterly dividend of $0.32 per share on AIG Common Stock, par value $2.50 per share. The dividend is payable on March 29, 2017, to stockholders of record at the close of business on March 15, 2017. For more on AIG Board of Directors authorizes repurchase of additional shares of AIG Common Stock, Declares Common Stock Dividend click on the picture below to read the release.