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AIG to Buy Back $3B in Shares as Pressure Mounts for Break-up - Bbc News

BBC - Homepage

Close share panel × Image copyright Getty Images American International Group (AIG), the US insurance giant, has revealed plans to buy back $3bn (£2.2bn) in shares as it fights calls to break itself up. The insurance firm reported a better-than-expected $1.9bn net income for the second quarter, up from $1.8bn for the same period last year and ending three consecutive quarters of losses. The results showed "strong improvement", it said...

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