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AAIGF AIA Group Ltd (PK)

7.25
0.01 (0.14%)
14 Jun 2024 - Closed
Delayed by 15 minutes
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
  0.01 0.14% 7.25 6.79 7.40 7.29 6.85 7.13 44,957 22:00:00

AIG To Sell Its Shares In AIA Group When Lock-Up Expires In September -Reuters

16/05/2012 6:37pm

Dow Jones News


AIA (PK) (USOTC:AAIGF)
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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

 
 

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