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Corebridge Financial Priced, NYSE: CRBG

Carve-out of AIG's retirement services and life insurance business.

Industry: Financials

Latest Trade: $31.85 +0.30 (+0.9%)

First Day Return: -1.3%

Return from IPO: +50.2%

Industry: Financials

We are one of the largest providers of retirement solutions and insurance products in the United States, committed to helping individuals plan, save for and achieve secure financial futures. Our addressable markets are large, with powerful, long-term secular trends given an aging U.S. population and a growing need for retirement solutions. We offer a broad set of products and services through our market leading Individual Retirement, Group Retirement, Life Insurance and Institutional Markets businesses, each of which features capabilities and industry experience we believe are difficult to replicate. These four businesses collectively seek to enhance stockholder returns while maintaining our attractive risk profile, which has historically resulted in consistent and strong cash flow generation.
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IPO Data
IPO File Date 03/28/2022
Offer Price $21.00
Price Range $21.00 - $24.00
Offer Shares (mm) 80.0
Deal Size ($mm) $1,680
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/14/2022
Offer Price $21.00
Price Range $21.00 - $24.00
Offer Shares (mm) 80.0
Deal Size ($mm) $1,680
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Morgan Stanley
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Company Data
Headquarters Houston, TX, United States
Founded 1850
Employees at IPO 8,545
Website www.corebridgefinancial.com

Corebridge Financial (CRBG) Performance