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Stock impact report

AIG Announces Adjustments to Warrant Exercise Price and Shares Receivable upon Warrant Exercise

American International Group, Inc. New (AIG) 
Last american international group, inc. new earnings: 2/13 06:45 am Check Earnings Report
US:NYSE Investor Relations: aig.com/investor-relations
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that in accordance with the terms of the outstanding warrants expiring January 19, 2021 (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 $42.4151 per share from $42.4734 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.062 from 1.061. Each of these adjustments will be effective at the close of business on September 17, 2020. Any Warrant exercised on or prior to September 17, 2020 will not be entitled to these adjustments.These adjustments resulted from the declaration by the Board of Directors of AIG on August 3, 2020 of a dividend of $0.32 per share on AIG Common Stock. The dividend is payable on September 30, 2020 to stockholders of record at the close of business on September 17, 2020.Further information on the Warrants and the Show less Read more
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