NEW YORK--(BUSINESS WIRE)--Dec. 3, 2015--
American International Group, Inc. (NYSE:AIG) today announced that in
accordance with the terms of the outstanding warrants (CUSIP number
026874156) (the “Warrants”) to purchase shares of AIG Common Stock, par
value $2.50 per share, the Warrant exercise price will be reduced to
$44.9036 per share from $45.00 per share and the number of shares of AIG
Common Stock receivable upon Warrant exercise will increase to 1.002
from 1.000. Each of these adjustments will be effective at the close of
business on December 7, 2015. Any Warrant exercised on or prior to
December 7, 2015 will not be entitled to these adjustments.
These adjustments resulted from the declaration by the Board of
Directors of AIG on November 2, 2015 of a dividend of $0.28 per share on
AIG Common Stock. The dividend is payable on December 21, 2015, to
stockholders of record at the close of business on December 7, 2015.
Further information on the Warrants and the adjustments to the Warrant
exercise price and number of shares of AIG Common Stock receivable upon
Warrant exercise, including the U.S. Federal income tax treatment of
these adjustments, will be available in the Investors section of AIG’s
website.
American International Group, Inc. (AIG) is a leading global insurance
organization serving customers in more than 100 countries and
jurisdictions. AIG companies serve commercial, institutional, and
individual customers through one of the most extensive worldwide
property-casualty networks of any insurer. In addition, AIG companies
are leading providers of life insurance and retirement services in the
United States. 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 | LinkedIn: http://www.linkedin.com/company/aig
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151203006210/en/
Source: American International Group, Inc.
American International Group, Inc.
Investors:
Liz Werner,
212-770-7074
elizabeth.werner@aig.com
or
Media:
Jennifer
Hendricks Sullivan, 212-770-3141
jennifer.sullivan@aig.com