Corebridge Financial, Inc. fell 2.13% in premarket trading, with the company announcing a secondary offering of 30 million shares priced at $33.65 per share by American International Group, Inc. (AIG). The offering is expected to close on August 8, 2025, subject to customary closing conditions. AIG, as the selling stockholder, has offered 30 million existing shares of common stock (out of approximately 538 million total shares of common stock outstanding) of Corebridge Financial, corresponding to approximately $1.0 billion of gross proceeds. AIG has also granted a 30-day option to the underwriter to purchase up to an additional 4.5 million shares.
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