{"id":765417,"date":"2023-06-22T08:33:46","date_gmt":"2023-06-22T12:33:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/"},"modified":"2023-06-22T08:33:46","modified_gmt":"2023-06-22T12:33:46","slug":"corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/","title":{"rendered":"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone"},"content":{"rendered":"

<\/p>\n

Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone<\/b><\/p>\n

HOUSTON–(BUSINESS WIRE<\/a>)–
\nCorebridge Financial, Inc. (NYSE: CRBG) (\u201cCorebridge\u201d) today announced that it entered into a share repurchase agreement (the \u201cShare Repurchase Agreement\u201d) with American International Group, Inc. (AIG) and an affiliate of Blackstone Inc. (\u201cBlackstone\u201d) on June 21, 2023, pursuant to which it will repurchase an aggregate of $200 million of Corebridge common stock (the \u201cShare Repurchase\u201d). Of the $200 million, approximately 90.1% will be repurchased from AIG and approximately 9.9% will be repurchased from Blackstone. The Share Repurchase is expected to close on June 23, 2023, subject to customary closing conditions.<\/p>\n

\nThe purchase price paid by Corebridge was $16.41 per share, the closing price of Corebridge common stock on the New York Stock Exchange immediately prior to entry into the Share Repurchase Agreement.<\/p>\n

About Corebridge Financial<\/b><\/p>\n

\nCorebridge Financial, Inc. makes it possible for more people to take action in their financial lives. With more than $365 billion in assets under management and administration as of March 31, 2023, Corebridge Financial is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit corebridgefinancial.com<\/a> and follow us onLinkedIn<\/a>, YouTube<\/a>,Facebook<\/a>andTwitter<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230621742710\/en\/<\/a><\/span><\/p>\n

\nJosh Smith (Investors): investorrelations@corebridgefinancial.com
\n<\/a>
Matt Burkhard (Media): media.contact@corebridgefinancial.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America Texas<\/p>\n

INDUSTRY KEYWORDS:<\/b> Accounting Professional Services Insurance Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone HOUSTON–(BUSINESS WIRE)– Corebridge Financial, Inc. (NYSE: CRBG) (\u201cCorebridge\u201d) today announced that it entered into a share repurchase agreement (the \u201cShare Repurchase Agreement\u201d) with American International Group, Inc. (AIG) and an affiliate of Blackstone Inc. (\u201cBlackstone\u201d) on June 21, 2023, pursuant to which it will repurchase an aggregate of $200 million of Corebridge common stock (the \u201cShare Repurchase\u201d). Of the $200 million, approximately 90.1% will be repurchased from AIG and approximately 9.9% will be repurchased from Blackstone. The Share Repurchase is expected to close on June 23, 2023, subject to customary closing conditions. The purchase price paid by Corebridge was $16.41 per share, the closing price of Corebridge common stock … <\/p>\n

Continue reading “Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-765417","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCorebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone HOUSTON–(BUSINESS WIRE)– Corebridge Financial, Inc. (NYSE: CRBG) (\u201cCorebridge\u201d) today announced that it entered into a share repurchase agreement (the \u201cShare Repurchase Agreement\u201d) with American International Group, Inc. (AIG) and an affiliate of Blackstone Inc. (\u201cBlackstone\u201d) on June 21, 2023, pursuant to which it will repurchase an aggregate of $200 million of Corebridge common stock (the \u201cShare Repurchase\u201d). Of the $200 million, approximately 90.1% will be repurchased from AIG and approximately 9.9% will be repurchased from Blackstone. The Share Repurchase is expected to close on June 23, 2023, subject to customary closing conditions. The purchase price paid by Corebridge was $16.41 per share, the closing price of Corebridge common stock … Continue reading "Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-22T12:33:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone\",\"datePublished\":\"2023-06-22T12:33:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/\"},\"wordCount\":262,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/\",\"name\":\"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2023-06-22T12:33:46+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/","og_locale":"en_US","og_type":"article","og_title":"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone - Market Newsdesk","og_description":"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone HOUSTON–(BUSINESS WIRE)– Corebridge Financial, Inc. (NYSE: CRBG) (\u201cCorebridge\u201d) today announced that it entered into a share repurchase agreement (the \u201cShare Repurchase Agreement\u201d) with American International Group, Inc. (AIG) and an affiliate of Blackstone Inc. (\u201cBlackstone\u201d) on June 21, 2023, pursuant to which it will repurchase an aggregate of $200 million of Corebridge common stock (the \u201cShare Repurchase\u201d). Of the $200 million, approximately 90.1% will be repurchased from AIG and approximately 9.9% will be repurchased from Blackstone. The Share Repurchase is expected to close on June 23, 2023, subject to customary closing conditions. The purchase price paid by Corebridge was $16.41 per share, the closing price of Corebridge common stock … Continue reading \"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-22T12:33:46+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone","datePublished":"2023-06-22T12:33:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/"},"wordCount":262,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/","name":"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en","datePublished":"2023-06-22T12:33:46+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230621742710r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/corebridge-financial-announces-200-million-share-repurchase-from-aig-and-blackstone\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Corebridge Financial Announces $200 Million Share Repurchase from AIG and Blackstone"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/765417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=765417"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/765417\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=765417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=765417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=765417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}