Corebridge Financial prices secondary stock offering via AIG

Published 6 days ago Positive
Corebridge Financial prices secondary stock offering via AIG
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Corebridge Financial (CRBG [https://seekingalpha.com/symbol/CRBG]) on Wednesday said that the previously announced [https://seekingalpha.com/pr/20293526-corebridge-financial-announces-pricing-of-secondary-offering-of-common-stock-by-aig] secondary offering by American International Group (AIG [https://seekingalpha.com/symbol/AIG]) of common stock of Corebridge Financial has been priced at $31.10 per share.

The offering is expected to close on November 6, 2025, subject to customary closing conditions.

AIG, as the selling stockholder, has offered 32.6 million existing shares of common stock (out of approximately 520 million total shares of common stock outstanding) of Corebridge Financial, corresponding to approximately $1.0 billion of gross proceeds.

All the net proceeds from the offering will go to AIG.

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