Corebridge Financial Inc
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2024-06-30; filed 2024-08-01.
0001889539-24-000030
Item 1A. | Risk FactorsCurrent report: 10-Q
Period ended 2024-09-30; filed 2024-11-05.
0001889539-24-000052
Item 1A. | Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 10 previous paragraphs and 10 current paragraphs.
5 unchanged; 5 reworded; 0 added; 0 removed; 0 previous and 0 current paragraphs rearranged.
Tables are not compared: 1 previous and 1 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Reworded paragraphs (5)
Previous wording
*Excludes excise tax of $4.4 million due to the Inflation Reduction Act of 2022 for the three months ended June 30, 2024.
Current wording
*Excludes excise tax of $5.1 million due to the Inflation Reduction Act of 2022 for the three months ended September 30, 2024.
Previous wording
Shares may be repurchased from time to time in the open market, through private purchases, through forward, derivative, accelerated repurchase or automatic repurchase transactions or otherwise. For instance, certain of our share repurchases have been and may from time to time be effected through Exchange Act Rule 10b5-1 repurchase plans, including the share repurchase plan Corebridge Parent adopted on June 12, 2024, which, unless extended expires on August 7, 2024. The timing of any future share repurchases will depend on market conditions, our business and strategic plans, financial condition, results of operations, liquidity and other factors.
Current wording
Shares may be repurchased from time to time in the open market, through private purchases, through forward, derivative, accelerated repurchase or automatic repurchase transactions or otherwise. For instance, on August 7, 2024, we purchased an aggregate of approximately $200 million of shares from AIG in a privately negotiated transaction. In addition, certain of our share repurchases have been and may from time to time be effected through Exchange Act Rule 10b5-1 repurchase plans, including the share repurchase plan Corebridge Parent adopted on September 17, 2024, which, unless extended expires on November 7, 2024. The timing of any future share repurchases will depend on market conditions, our business and strategic plans, financial condition, results of operations, liquidity and other factors.
Previous wording
During the three months ended June 30, 2024, Corebridge Parent repurchased approximately 15.1 million shares of Corebridge Parent common stock, par value $0.01 per share, for an aggregate purchase price of $436 million, pursuant to the share repurchase program.
Current wording
During the three months ended September 30, 2024, Corebridge Parent repurchased approximately 25.9 million shares of Corebridge Parent common stock, par value $0.01 per share, for an aggregate purchase price of $715 million, pursuant to the share repurchase program.
Previous wording
As of June 30, 2024, approximately $1.8 billion remained under the share repurchase program authorizations.
Current wording
As of September 30, 2024, approximately $1.1 billion remained under the share repurchase program authorizations.
Previous wording
Corebridge | Second Quarter 2024 Form 10-Q 150