Sentences with phrase «aig shares»

Great action in AIG shares yesterday, the first trading day after the initial step in the re-IPO of the US Treasury's ownership in AIG; 225 million shares traded.

Options, participation in C.V. Starr, and a number of other programs created significant incentives for people to stay, and trust in the continual increase in the price of AIG shares.

AIG shares are not widely held (there are only 142 million shares in public hands of which 40 million are held by the Fairholme Fund)

The May 11 announcement that the initial offering would be 300 million shares (200 from the Treasury's holdings and 100 million new AIG shares) reduced the uncertainty somewhat and gave a quick boost to the share price.

There is a great deal of uncertainty as to when and at what price the Treasury's AIG shares will be offered to the public

I attribute this to Mr. Market's concern over the terms and timing of Treasury's public offering of AIG shares.

AIG shares, which ended Monday's session at $ 63.74, have climbed 14 percent since the beginning of the year, Automated Insights also reported.

Not exact matches

On October 28, 2015, as one of AIG's largest shareholders (we currently own over 42 million shares), we wrote a public letter to the CEO of AIG suggesting that the company is «Too Big To Succeed» and should accelerate cost cutting and separate into three public companies to shrink below the threshold for systemically important financial institutions.

By separating into three independent companies, reducing unnecessary corporate overhead, operating at average industry returns, and buying back stock, AIG can trade at over $ 100 per share — 66 % above its current $ 60 price,» John Paulson, President, Paulson & Co..

Shares of AIG were up around 3 percent.

Among the companies with shares expected to trade actively in Thursday's session are Tesla, Spotify, Blue Apron, Sprint, Apple and AIG.

But what surprised even me was that [US insurer] AIG would almost disappear and that UBS shares would fall under $ 17.20.

Because AIG sells for less than book value, each share it repurchases increases the book value of the remaining shares.

Because of that, our expectation is that seven years from now AIG will have fewer shares outstanding than it has today, and book value per - share will be higher than the numbers in the prior paragraph.

A: At the end of March, AIG's stated book value was $ 80 per share.

To justify its current valuation of ~ $ 59 / share, AIG would need to grow NOPAT from 2015 levels by 6 % compounded annually for 20 years.

Q: Please comment on your view of American International Group Inc. (AIG) going forward and on your estimates in growth in BV / Share for the next 5 - 10 years.

And it will be more involved as it splits AIG into two pieces and gets preferred shares in each entity.

One of the reasons we own AIG is that management has demonstrated a willingness to grow by shrinking — that is to grow per - share value by reducing the shares outstanding rather that attempting to grow the size and value of the total company.

CNNMoney: AIG stock sale raises $ 8.7 billion Shares of American International Group's long - awaited stock sale priced at $ 29 apiece late Tuesday to raise $ 8.7 billion, leaving the U.S. government with a tiny profit on the offering, the company and Treasury Department announced.

AIG, in this sense, resembles a large and dysfunctional family, where no one shared anything with anyone, even Mom and Dad.

I don't know if he was buying as the largest private shareholder of AIG, but he was certainly disappointed by the company offering shares.

i will definitely be more conscious of this in the future, given that i own dodge and cox stock fund, which had the same problem to a lesser extent by allowing aig and fannie to gain increased portfolio share in the fund.

In late November 2006, shares of AIG were grossly overbought, for example.

AIG (NYSE: AIG) has come a long way toward selling off noncore businesses and getting the federal government's stake in the company down to a manageable level, and despite big share sales from the Treasury, the stock has jumped more than 40 % so far this year.

Since the beginning of 2011 AIG's share price has trended down from the upper $ 50's to today's price of around $ 31 a share.

At a market price of $ 31 a share AIG is trading for less than 2/3 book value while most property casualty companies trade for at least 85 - 90 % of book.

Finally, during the last week of the quarter I cut back my exposure to AIG and BAC, reducing share count by 10 % and 20 % respectively, and initiated a small hedge using SPY puts.

Five OISs share one statutory book for all of their reinsurance — National Union Fire IC, American Home Assurance Co, Commerce and Industry IC, New Hampshire IC, and AIG Casualty Co..

The lower the share price, the more AIG can repurchase (they repurchased about 1/2 of the offer in the last two Treasury sales) and thus the more accretive to book value.

Today, is it any wonder that those same portfolio managers might be a little leery about buying shares of AIG for their portfolio?

I made my first purchase of AIG at about $ 31 a share and I will be looking to load up if and when the share price declines below $ 30.

On the first quarter call for the Fairholme Fund, Berkowitz reaffirmed his investment thesis for AIG, saying only that, like most good value investors, he had gotten in too early and that he never contemplated a scenario in which the US Treasury would sell its shares below their cost (about $ 28.70 / share).

Last week the US Treasury sold a further 14 % of their holdings in AIG for $ 29 a share, reducing their ownership from 77 % to 70 %.

By separating into three independent companies, reducing unnecessary corporate overhead, operating at average industry returns, and buying back stock, AIG can trade at over $ 100 per share — 66 % above its current $ 60 price,» John Paulson, President, Paulson & Co..

At my last firm, I sold our shares of AIG the day it entered the DJIA.

Late Friday the US treasury announced that it will sell another tranche of its holdings in AIG, about 9 % of outstanding shares, or 163.9 million to be precise.

I added another 25 % to my now large position in AIG when it dipped to $ 20 a share.

This morning in pre-market trading, Mr. Market is marking down the shares of AIG to a level below the secondary offering.

I think I will just be looking to harvest my portfolio further, especially reducing my stake in AIG opportunistically if and when shares begin to trade above 80 % of book value ($ 55).

The Treasury sold its last equity interest in AIG last month (though they still own some warrants) so there are 1.5 billion shares in private hands.

The shares of AIG now often trade with 15 times the volume they traded a year ago.

AIG restructured, repaid the money plus interest, and the U.S. Treasury sold off the last of its shares in the company in 2012.

Shares of Vakrangee grew by 2 % as the company exposed its business alliance with Tata AIG GIC, which is a JV between Tata Group of companies and AIG (American International Group).