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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AIA Group Ltd (PK) | USOTC:AAIGF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.22 | -2.68% | 7.99 | 7.47 | 8.44 | 8.262 | 7.728 | 8.24 | 9,818 | 20:02:38 |
American International Group Inc. (AIG) Chief Executive Robert Benmosche said the company will sell its remaining shares of Asian life insurer AIA Group Ltd. (1299.HK) after the lock-up period expires in September, Reuters reported Wednesday.
Benmosche said the sale will reduce AIG's earnings volatility.
AIG sold two-thirds of AIA in a Hong Kong initial public offering in October 2010 and sold about $6 billion of stock earlier this year, leaving it with a stake of about 18.6%.
Full story at http://www.reuters.com/article/2012/05/16/aig-aia-idUSL1E8GG82420120516
-Dow Jones Newswires; 212-416-2900
1 Year AIA (PK) Chart |
1 Month AIA (PK) Chart |
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