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Corebridge Financial, Inc. ( (CRBG) ) has provided an announcement.
On August 6, 2025, Corebridge Financial, Inc. entered into an underwriting agreement with American International Group, Inc. and Morgan Stanley & Co. LLC for the sale of 30,000,000 shares of its common stock at $33.5113 per share. This agreement allows the selling stockholder to grant the underwriters a 30-day option to purchase an additional 4,500,000 shares to cover over-allotments, potentially impacting the company’s stock liquidity and market presence.
The most recent analyst rating on (CRBG) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Corebridge Financial, Inc. stock, see the CRBG Stock Forecast page.
Spark’s Take on CRBG Stock
According to Spark, TipRanks’ AI Analyst, CRBG is a Outperform.
Corebridge Financial’s overall stock score is driven by strong technical momentum and strategic corporate events, despite challenges in financial performance and valuation concerns. The earnings call provides a positive outlook with growth initiatives, offset by operational cost issues.
To see Spark’s full report on CRBG stock, click here.
More about Corebridge Financial, Inc.
Average Trading Volume: 3,333,496
Technical Sentiment Signal: Buy
Current Market Cap: $18.44B
For detailed information about CRBG stock, go to TipRanks’ Stock Analysis page.