AIG shares trade strongly after board shake-up
American International Group (AIG) shares traded up by as much
as 7.4 percent this morning (12 February) as investors reacted
positively to the addition of activist shareholder representatives
to its board.
The company also reaffirmed its commitment to return $25bn of
capital to shareholders over the next two years, including a higher
quarterly dividend and an additional buyback authorisation of
$5.0bn after repurchasing $2.5bn of its stock so far in 2016.
Analysts noted that fourth quarter oper
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