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AIG provides innovative insurance solutions to customers in over 100 countries and jurisdictions throughout the world.
In addition to serving commercial, institutional, and individual customers through its extensive worldwide property-casualty networks, and providing life insurance and retirement services in the U.S., we’re listed on the New York Stock Exchange and the Tokyo Stock Exchange.
Keep up with the latest announcements from AIG. From new technologies to innovative product offerings, see how we’re leading the insurance industry.
View AIG’s Executive Leadership Team, Board of Directors, Board Committees, Board Committee Charters, and Corporate Governance Guidelines.
Updated February 1, 2018
Date |
Stock Split Ratio |
11/20/70 |
6-5 Stock Split |
5/2/72 |
2-1 Stock Split |
4/1/74 |
5-4 Stock Split |
3/29/77 |
5-4 Stock Split |
5/27/81 |
3-2 Stock Split |
4/25/83 |
5-4 Stock Split |
11/17/86 |
2-1 Stock Split |
7/23/90 |
5-4 Stock Split |
7/30/93 |
3-2 Stock Split |
7/28/95 |
3-2 Stock Split |
7/25/97 |
3-2 Stock Split |
7/31/98 |
3-2 Stock Split |
7/30/99 |
5-4 Stock Split |
7/28/00 |
3-2 Stock Split |
In addition on 6/30/09 AIG affected a 1-for-20 reverse stock split on AIG’s common shares. Technically, this is a stock “combination” rather than a split.
Please note that if you received the dividend on the common stock issued in the form of a warrant to shareholders of record on January 13, 2011, you will need to adjust your tax basis per share of the common stock. Please refer to the frequently asked questions on the warrants posted in the investor section of www.aig.com for more information.
The following table summarizes (i) the anti-dilution adjustments, without duplication, to the exercise price and the number of shares of AIG common stock receivable upon warrant exercise as a result of cash dividends on shares of AIG common stock in excess of $0.675 per share in the aggregate in any twelve-month period and (ii) the U.S. federal income tax implications of these adjustments:
RECORD DATE (EFFECTIVE AT THE CLOSE OF BUSINESS DAY) |
WARRANT EXERCISE PRICE PER SHARE AFTER RECORD DATE |
NO. OF SHARES OF AIG COMMON STOCK RECEIVABLE UPON WARRANT EXERCISE AFTER RECORD DATE |
TAXABLE DIVIDEND DISTRIBUTION PER WARRANT* |
ORIGINAL TERMS |
$45.0000 |
1.000 |
SEE TAX-RELATED FAQS |
DECEMBER 7, 2015 |
$44.9036 |
1.002 |
$0.10 |
MARCH 14, 2016 |
$44.7340 |
1.006 |
$0.14 |
JUNE 13, 2016 |
$44.5826 |
1.009 |
$0.13 |
SEPTEMBER 15, 2016 |
$44.5525 |
1.010 |
$0.04 |
DECEMBER 8, 2016 |
$44.4305 |
1.013 |
$0.15 |
MARCH 15, 2017 |
$44.2948 |
1.016 |
$0.16 |
JUNE 14, 2017 |
$44.1593 |
1.019 |
$0.17 |
SEPTEMBER 15, 2017 |
$44.1299 |
1.020 |
$0.04 |
DECEMBER 8, 2017 |
$44.0005 |
1.023 |
$0.15 |
MARCH 15, 2018 |
$43.8498 |
1.027 |
$0.16 |
*For non-U.S. holders of warrants, such taxable dividend distributions may be subject to U.S. federal withholding tax. Each warrant holder should consult its own tax advisor concerning the U.S. federal income tax consequences of the warrant adjustments in light of the holder’s particular circumstances, as well as any consequences arising under the laws of any other applicable taxing jurisdiction
Updated March 14, 2018 |
WARRANT TAX RELATED FAQS
CONSULT YOUR TAX ADVISOR
The information contained herein provides a general summary regarding the application of certain U.S. Federal income tax laws and regulations relating to the distribution of, or adjustments to, the warrants. The information contained herein does not constitute tax advice and does not purport to be complete or to describe the consequences that may apply to particular categories of shareholders or warrant holders. AIG does not provide tax advice to its shareholders or warrant holders. The answers provided below are provided solely for illustrative purposes and as a convenience to shareholders and warrant holders and their tax advisors when establishing their specific tax position. You are urged to consult your own tax advisor regarding the particular consequences of the distribution of, or adjustments to, the warrants to you, including the applicability and effect of all U.S. Federal, state and local and foreign tax laws.
Updated February 16, 2018