Corebridge Financial, Inc. 8-K

What Happened Corebridge Financial, Inc. filed an 8-K on February 12, 2026 reporting it entered a Share Repurchase Agreement with American International Group, Inc. (AIG). The company agreed to repurchase common stock for an aggregate purchase price of approximately $750 million at a per-share price of $30.42 (the NYSE closing price on February 12, 2026). The repurchase is expected to be completed on February 17, 2026, subject to customary closing conditions. The full agreement is filed as Exhibit 10.1 to the 8-K.

Key Details

• Agreement date: February 12, 2026.
• Per-share price: $30.42 (NYSE closing price on Feb 12, 2026).
• Aggregate repurchase amount: approximately $750 million.
• Expected settlement/repurchase date: February 17, 2026, subject to customary closing conditions.
• Counterparty: American International Group, Inc. (AIG).
• Approximate number of shares to be repurchased: ~24.66 million shares (750,000,000 / 30.42).

Why It Matters A $750 million buyback can reduce Corebridge’s outstanding share count, which may increase earnings per share and is a significant capital-allocation action that investors often view as a signal about management’s view of the stock’s value. The transaction involves a single large seller (AIG) and will use company resources to complete the repurchase; the filing notes the deal is subject to customary closing conditions. Investors should review the full agreement (Exhibit 10.1) and consider how the repurchase fits with Corebridge’s cash position, capital needs, and longer-term strategy.