Corebridge Financial, Inc. (CRBG) Form 8-K — Nov 9, 2026
Corebridge Financial entered into a Share Repurchase Agreement with Argon Holdco LLC, a Blackstone-affiliated stockholder, to repurchase approximately $110 million of its common stock at $34.09 per share, the November 6, 2026 NYSE closing price. The transaction is expected to close on November 10, 2026, subject to customary closing conditions. The repurchase is a negotiated buyback under the 2021 Stockholders Agreement among Corebridge, AIG, and Argon Holdco, which gives the stockholder the right to sell shares to keep its ownership from exceeding 9.9% of outstanding common stock.
Key figures
- Deal Value Usd
- 110032293
- Gross Proceeds
- 110032293
- Offering Price
- 34.09
- Closing date
- November 10, 2026
- Purchase price per share
- $34.09 (Nov 6, 2026 NYSE closing price)
- Stockholder ownership caps
- 9.9% repurchase right / 14.9% maximum record ownership
- Aggregate purchase price approx
- $110 million
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.