AIG 2013 Annual Report Download - page 318

The following table presents certain information relating to these offerings:
May 2011 Offering $ 29.00 200,000,000 $ 5,800 – $ –
2012 Offerings:
March Offering 29.00 206,896,552 6,000 103,448,276 3,000
May Offering 30.50 188,524,589 5,750 65,573,770 2,000
August Offering 30.50 188,524,590 5,750 98,360,656 3,000
September Offering 32.50 636,923,075 20,700 153,846,153 5,000
December Offering 32.50 234,169,156 7,610 – –
1,655,037,962 $ 51,610 421,228,855 $ 13,000
*Shares purchased by us in each of the 2012 offerings were purchased pursuant to AIG Board of Directors authorization. In connection with the
May 2011 Offering, AIG issued and sold 100 million shares of AIG Common Stock for aggregate net proceeds of approximately $2.9 billion.
In November 2011, our Board of Directors authorized the purchase of shares of AIG Common Stock, with an
aggregate purchase amount of up to $1 billion from time to time in the open market, through derivative or automatic
purchase contracts or otherwise. This authorization replaced all prior AIG Common Stock purchase authorizations.
We purchased a total of 3,074,031 shares of AIG Common Stock for approximately $70 million in 2011.
In 2011, we remarketed the three series of debentures (the Series B-1, B-2 and B-3 junior subordinated debentures)
included in the Equity Units. The Equity Units also included a stock purchase contract obligating the holder of an
Equity Unit to purchase, and obligating AIG to sell, a variable number of shares of AIG Common Stock for $25 per
share in cash. We purchased and retired all of the Series B-1, B-2 and B-3 junior subordinated debentures
representing $2.2 billion in aggregate principal and as of December 31, 2011, we had issued approximately
1.8 billion shares of AIG Common Stock in connection with the settlement of the stock purchase contracts underlying
the Equity Units.
AIG Common Stock Purchases in 2011
Equity Units
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AIG 2013 Form 10-K300
ITEM 8 / NOTE 16. EQUITY
U.S. Treasury AIG*
(dollars in millions, except share-price data) Price Shares Sold Amount Shares Purchased Amount
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