Insurer AIG up after authorizing $7.5 billion buyback program

ReutersMar 31, 2025 2:18 PM

Shares of American International Group AIG.N rise 3.1% to $86.36 in early trading

AIG, one of the world's largest commercial insurers, authorizes repurchase of up to $7.5 billion of stock, effective April 1

Buyback program inclusive of ~$3.4 billion remaining under AIG's prior share repurchase authorization

Additionally, AIG at its investor day said it plans to boost its core operating return on equity - a key profitability metric - to as much as 13% by 2027

Last month, AIG said it was well on track to deliver 10% plus core operating return on equity in 2025

AIG stock up 18.4% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

AST SpaceMobile Shares Plunge in Overnight Trading, What Happened? Will It Affect SpaceX?

TradingKey - In the early hours of April 19, AST SpaceMobile’s (ASTS.US) seventh broadband communication satellite, BlueBird 7, launched from Cape Canaveral aboard Blue Origin’s New Glenn rocket. While the rocket’s first stage was successfully recovered, the second stage deployed the satellite into

Is Netflix Still Worth Buying After a 10% Stock Slump? Who Is the Better Investment Compared to Disney?

TradingKey - After the market close on April 16, streaming giant Netflix delivered a seemingly impressive Q1 earnings report: revenue grew 16% year-over-year to $12.25 billion, exceeding the market expectation of $12.17 billion; earnings per share (EPS) reached $1.23, nearly doubling from $0.66 in t

Allbirds Ditches Sneakers and Pivots to AI Computing - Is BIRD Stock Still Worth Buying After a 600% Surge?

TradingKey - Allbirds surged 600% after announcing a full pivot to GPU leasing as NewBird AI. Shares pulled back 30% the next day. Key support $10, targets $13.30 and $15.90.

Nvidia Launches Ising Model Driving Quantum Sector Surge, QUBT vs IONQ, Which Is More Worth Investing In?

TradingKey - Following Nvidia’s launch of the Ising model, the quantum computing sector was rapidly galvanized; however, a company’s own commercialization progress remains the true determinant of its investment value. In comparison, IonQ’s revenue growth and execution capabilities are clearer, while QUBT is in an earlier stage, offering greater potential upside along with higher risk.

TSLA Q1 Earnings Preview: Tesla Snaps 8-Week Slump—Now Buy the Dip or Wait?

TradingKey - The report for Q1 2026 results from Tesla (TSLA) is due on Wednesday, April 22, at the end of the market. After two months of pretty continuous drops, investors are now asking if the TSLA earnings report will provide any insight into the company's margin, growth rate, and overall AI roa

Featured Tools