Corebridge (CRBD) plans $750M share buyback from AIG at $30.42

Rhea-AI Filing Summary

Corebridge Financial, Inc. agreed to repurchase shares of its common stock from American International Group, Inc. under a Share Repurchase Agreement. The shares will be bought at $30.42 per share, which was the closing price on the NYSE on February 12, 2026.

The company expects, subject to customary closing conditions, to complete the repurchase for an aggregate purchase price of approximately $750 million on February 17, 2026. The full terms are set out in the Share Repurchase Agreement filed as Exhibit 10.1.

Insights

Equity & Capital Allocation Analyst

Corebridge plans a sizeable $750M share repurchase from AIG at market price.

Corebridge Financial has entered into a Share Repurchase Agreement with AIG to buy back common shares at $30.42 per share, matching the NYSE closing price on February 12, 2026. The aggregate purchase amount is approximately $750 million.

This transaction concentrates ownership by reducing shares held by AIG and represents a significant use of capital by the company. The agreement is expected to close on February 17, 2026, subject to customary closing conditions, so actual completion depends on those conditions being satisfied.

Investors may focus on how this $750 million deployment aligns with Corebridge’s broader capital management plans and any future disclosures about its balance sheet, funding mix, and ongoing relationship with AIG after the repurchase completes.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

0001889539FALSE00018895392026-02-122026-02-120001889539us-gaap:CommonStockMember2026-02-122026-02-120001889539crbg:A6.375JuniorSubordinatedNotesDue2064Member2026-02-122026-02-12

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 12, 2026

Corebridge Financial, Inc.

(Exact name of registrant as specified in its charter)

Delaware						001-41504			95-4715639
(State or Other Jurisdiction of Incorporation)						(Commission File Number)			(IRS Employer Identification No.)
2919 Allen Parkway, Woodson Tower,
Houston,			Texas						77019
(Address of Principal Executive Offices)									(Zip Code)

Registrant’s Telephone number, including area code: 1-877-375-2422

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Trading Symbol(s)

Name of each exchange on which registered

Common Stock

CRBG

New York Stock Exchange

6.375% Junior Subordinated Notes

CRBD

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

On February 12, 2026, Corebridge Financial, Inc. (the “Company”) entered into a Share Repurchase Agreement (the “Share Repurchase Agreement”) with American International Group, Inc. (“AIG”). The per share purchase price will be $30.42, the closing price of the Company’s common stock on the New York Stock Exchange on February 12, 2026. Pursuant to the Share Repurchase Agreement, the Company is expected to, subject to customary closing conditions, complete the repurchase of shares of its common stock for an aggregate purchase price of approximately $750 million on February 17, 2026.

The description of the Share Repurchase Agreement in this report is qualified in its entirety by reference to the full text of the Share Repurchase Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.						Description of Exhibit
10.1*						Share Repurchase Agreement, dated as of February 12, 2026, between Corebridge Financial, Inc. and American International Group, Inc.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).
* Filed herewith.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Corebridge Financial, Inc.

Date:

February 12, 2026

By:

/s/ Elias Habayeb

Name:

Elias Habayeb

Title:

Executive Vice President and Chief Financial Officer

FAQ

What did Corebridge Financial (CRBD) announce in this 8-K filing?

Corebridge Financial announced a Share Repurchase Agreement with AIG to buy back its common stock. The company plans to spend approximately $750 million at a price of $30.42 per share, subject to customary closing conditions and final completion on February 17, 2026.

How large is Corebridge Financial’s planned share repurchase from AIG?

Corebridge Financial plans to repurchase shares of its common stock from AIG for an aggregate purchase price of approximately $750 million. This represents a significant capital deployment and is executed under a specific Share Repurchase Agreement detailed in Exhibit 10.1 to the report.

At what price will Corebridge Financial repurchase shares from AIG?

The agreed repurchase price is $30.42 per share, equal to the closing price of Corebridge’s common stock on the New York Stock Exchange on February 12, 2026. This price anchors the entire approximately $750 million buyback transaction from AIG.

When is Corebridge Financial expected to complete the $750 million repurchase?

Corebridge Financial expects to complete the share repurchase on February 17, 2026, subject to customary closing conditions. The timing reflects the short period between signing the Share Repurchase Agreement on February 12, 2026 and the anticipated closing date.

Who is selling shares to Corebridge Financial under this repurchase agreement?

The seller is American International Group, Inc. (AIG), which holds Corebridge common shares. Under the Share Repurchase Agreement, Corebridge will repurchase those shares directly from AIG for approximately $750 million at $30.42 per share, assuming closing conditions are met.

Where can investors find the full terms of Corebridge’s Share Repurchase Agreement?

The complete terms of the transaction are contained in the Share Repurchase Agreement filed as Exhibit 10.1 to the report. The filing states that the description provided is qualified in its entirety by reference to that full agreement.

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

• EX-10.1 EX-10.1 74.7 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 2.6 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 15.2 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 26.9 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 15.8 KB