AIG Board of Directors Declares Common Stock Dividend of $0.32 Per Share
August 02 2017 - 4:22PM
Business Wire
American International Group, Inc. (NYSE:AIG) today announced
that its Board of Directors declared a quarterly dividend of $0.32
per share on AIG Common Stock, par value $2.50 per share. The
dividend is payable on September 29, 2017, to stockholders of
record at the close of business on September 15, 2017.
“We are pleased to declare AIG’s quarterly dividend,” said
Douglas M. Steenland, Chairman of the Board of Directors of AIG.
“Our strong balance sheet, improved risk profile and diversified
business mix provide us with a strong foundation for future growth.
We are firmly focused on delivering long-term value to our
shareholders.”
This dividend will result in an adjustment to the exercise price
of the outstanding Warrants (CUSIP number 026874156) and an
adjustment to the number of shares of AIG Common Stock receivable
upon Warrant exercise. The exact adjustments, determined by a
formula set forth in the Warrant Agreement, will become calculable
on or around September 12, 2017. Once the adjustments are
determined, AIG will announce the actual adjustment to the Warrant
exercise price and shares receivable. Further information on the
Warrants and the adjustments is available in the Investor Relations
section of AIG’s website.
# # #
Certain statements in this press release constitute
forward-looking statements. These statements are not historical
facts but instead represent only AIG’s belief regarding future
events, many of which, by their nature, are inherently uncertain
and outside AIG’s control. It is possible that actual results will
differ, possibly materially, from the anticipated results indicated
in these statements. Factors that could cause actual results to
differ, possibly materially, from those in the forward-looking
statements are discussed throughout AIG’s periodic filings with the
SEC pursuant to the Securities Exchange Act of 1934.
American International Group, Inc. (AIG) is a leading global
insurance organization. Founded in 1919, today AIG member companies
provide a wide range of property casualty insurance, life
insurance, retirement products, and other financial services to
customers in more than 80 countries and jurisdictions. These
diverse offerings include products and services that help
businesses and individuals protect their assets, manage risks and
provide for retirement security. AIG’s core businesses include
Commercial Insurance and Consumer Insurance, as well as Other
Operations. Commercial Insurance comprises two modules – Liability
and Financial Lines, and Property and Special Risks. Consumer
Insurance comprises four modules – Individual Retirement, Group
Retirement, Life Insurance and Personal Insurance. AIG common stock
is listed on the New York Stock Exchange and the Tokyo Stock
Exchange.
Additional information about AIG can be found at www.aig.com |
YouTube: www.youtube.com/aig | Twitter: @AIGinsurance
www.twitter.com/AIGinsurance | LinkedIn:
www.linkedin.com/company/aig. These references with additional
information about AIG have been provided as a convenience, and the
information contained on such websites is not incorporated by
reference into this press release.
AIG is the marketing name for the worldwide property-casualty,
life and retirement, and general insurance operations of American
International Group, Inc. For additional information, please visit
our website at www.aig.com. All products and services are written
or provided by subsidiaries or affiliates of American International
Group, Inc. Products or services may not be available in all
countries, and coverage is subject to actual policy language.
Non-insurance products and services may be provided by independent
third parties. Certain property-casualty coverages may be provided
by a surplus lines insurer. Surplus lines insurers do not generally
participate in state guaranty funds, and insureds are therefore not
protected by such funds.
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version on businesswire.com: http://www.businesswire.com/news/home/20170802006480/en/
American International Group, Inc.InvestorsLiz Werner,
212-770-7074elizabeth.werner@aig.comorFernando Melon,
212-770-4630fernando.melon@aig.comorMediaClaire Talcott,
212-458-6343claire.talcott@aig.com
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