AIG executives meet analysts to push resiliency message
Posted on Mar 24, 2017 (2 days ago)
[Reuters] - American International Group Inc executives have been meeting with investors and analysts to build confidence in the insurer and its turnaround plan amid uncertainty over a replacement for outgoing Chief Executive Officer Peter Hancock. Chief Financial Officer Sid Sankaran, commercial insurance head Robert Schimek and consumer insurance head Kevin Hogan held one meeting with a group of Wall Street analysts on Thursday to field questions about AIG’s disappointing fourth-quarter results and its two-year restructuring plan, attendees said.
AIG Announces Adjustments to Warrant Exercise Price and Shares Receivable upon Warrant Exercise
Posted on Mar 13, 2017 (13 days ago)
[Business Wire] - American International Group, Inc. today announced that in accordance with the terms of the outstanding warrants to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $44.2948 per share from $44.4305 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.016 from 1.013.