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

AIG press release May 3, 2017 ------- 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 $2.5 billion. During the three-month period ended March 31, 2017, AIG repurchased approximately $3.6 billion of AIG Common Stock, pursuant to prior authorizations from the Board of Directors. AIG repurchased an additional approximately $1.1 billion of AIG Common Stock through May 3, 2017. AIG’s aggregate remaining share repurchase authorization, inclusive of the announced $2.5 billion authorization, is approximately $3.8 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 June 28, 2017, to stockholders of record at the close of business on June 14, 2017. To get more in depth information click on the picture below to read the release.