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American International Group (AIG) sold 30,000,000 shares of Corebridge Financial Inc. CRBG on August 6, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $33.65, with the total transaction amounting to $1,009,500,000. The transaction price was slightly above the current market price of $33.20, with the stock trading near its 52-week high of $36.57. InvestingPro analysis indicates the company’s current market capitalization stands at $18.4 billion.
Following the transaction, American International Group Inc (NYSE:AIG). directly owns 83,896,013 shares of Corebridge Financial, Inc. While the company has shown strong price momentum with a 41% return over the past year, InvestingPro analysis reveals several key insights about the company’s outlook, with analysts setting price targets ranging from $37 to $47. Get access to additional ProTips and comprehensive analysis through the detailed Pro Research Report, available exclusively to subscribers.
In other recent news, Corebridge Financial Inc. announced its Q2 2025 earnings, reporting an adjusted earnings per share (EPS) of $1.36, which exceeded analyst projections of $1.15. This represents an 18.26% positive surprise for the company. However, Corebridge Financial’s revenue fell short of expectations, coming in at $4.42 billion compared to the anticipated $4.89 billion, marking a 9.61% miss. Despite the EPS beat, the revenue shortfall was notable. These recent developments are significant for investors evaluating the company’s financial performance. There were no reports of mergers or acquisitions involving Corebridge Financial during this period. Additionally, no analyst upgrades or downgrades were mentioned in the recent news. The company’s financial results are a key focus for stakeholders, especially given the mixed results in earnings and revenue.
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