AIG 2012 Annual Report Download - page 62

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PART II
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AIG’s common stock, par value $2.50 per share (AIG Common Stock), is listed on the New York Stock Exchange
(NYSE: AIG), as well as on the Tokyo Stock Exchange. There were approximately 37,550 stockholders of record of
AIG Common Stock as of January 31, 2013.
The following table presents high and low closing sale prices on the New York Stock Exchange Composite
Tape and the dividends paid per share of AIG Common Stock for each quarter of 2012 and 2011:
First quarter $ 61.18*$ 34.95 $ –
Second quarter 35.00 27.23 –
Third quarter 30.21 21.61 –
Fourth quarter 26.34 20.07 –
* Includes the effect of the AIG Common Stock trading with due bills for the dividend paid in the form of
warrants.
From November 2008 through January 14, 2011, AIG was unable to pay dividends under the terms of certain series
of AIG preferred stock that were then outstanding. From January 14, 2011 to May 2011, we were unable to pay
dividends on AIG Common Stock, due to restrictions relating to the AIG Series G Cumulative Mandatory Convertible
Preferred Stock, par value $5.00 per share (the Series G Preferred Stock). The Series G Preferred Stock was
cancelled in connection with AIG’s public offering of AIG Common Stock in May 2011. Our ability to pay dividends
has not been subject to any contractual restrictions since the cancellation of the Series G Preferred Stock.
Any payment of dividends must be approved by AIG’s Board of Directors. In determining whether to pay any
dividend, our Board of Directors may consider AIG’s financial position, the performance of our businesses, our
consolidated financial condition, results of operations and liquidity, available capital, the existence of investment
opportunities, and other factors. AIG is subject to restrictions on the payment of dividends and purchases of AIG
Common Stock as a result of being regulated as a savings and loan holding company. AIG may become subject to
other restrictions on the payment of dividends and purchases of AIG Common Stock if it is designated a SIFI. See
Item 1A. Risk Factors – Regulation for further discussion of this regulation.
For a discussion of certain restrictions on the payment of dividends to AIG by some of its insurance subsidiaries, see
Item 1A. Risk Factors – Liquidity, Capital and Credit – AIG Parent’s ability to access funds from our subsidiaries is
limited, and Note 17 to the Consolidated Financial Statements.
EQUITY COMPENSATION PLANS
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Our table of equity compensation plans will be included in the definitive proxy statement for AIG’s 2013 Annual
Meeting of Shareholders. The definitive proxy statement will be filed with the SEC no later than 120 days after the
end of AIG’s fiscal year pursuant to Regulation 14A.
PURCHASES OF EQUITY SECURITIES
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We purchased a total of 421,228,855 shares of AIG Common Stock for approximately $13.0 billion in four offerings of
AIG Common Stock by the Department of the Treasury during 2012. All purchases were authorized by our Board of
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AIG 2012 Form 10-K 45
ITEM 5 / MARKET FOR REGISTRANT’S COMMON EQUITY,
RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES
OF EQUITY SECURITIES
$ 30.83 $ 23.54 $ –
34.76 27.21 –
35.02 30.15 –
37.21 30.68 –
2012 2011
Dividends Dividends
High Low Paid High Low Paid
ITEM 5 / MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND
ISSUER PURCHASES OF EQUITY SECURITIES