Corebridge Financial, Inc. (CRBG)

Corebridge Financial, Inc. engages in the provision of retirement solutions and insurance products. It operates under the following business segments: Individual Retirement, Group Retirement, Life Insurance, Institutional Markets, and Corporate and Other. The Individual Retirement segment consists of fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment is composed of record-keeping, plan administrative and compliance services, financial planning and advisory solutions offered to employer defined contribution plans and their participants, along with proprietary and non-proprietary annuities, advisory and brokerage products offered outside of plan. The Life insurance segment offers term life and universal life insurance. The Institutional Markets segment refers to SVW products, structured settlement, PRT annuities, and corporate-and bank-owned life insurance. The Corporate and Other segment consists of corporate expenses not attributable to other segments, interest expense on financial debt, results of consolidated investment entities, Institutional asset management business, and results of insurance lines ceded to Fortitude. The company was founded in 1957 and is headquartered in Houston, TX.

Address

2919 ALLEN PARKWAY
HOUSTON, TX 77019

Founded

1957

Number of Employees

5,700

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - - - - - $442,462 $542,592 $492,527
Average Price - - - - - - - - - $18.61 $27.79 $22.75
# Shares Purchased - - - - - - - - - 23,773,296 19,523,391 21,648,344
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - - - 45.1% -2.8% 18.7%
S&P 500 Return to Date - - - - - - - - - 31.3% 7.4% 19.4%
Excess Total Return - - - - - - - - - 13.7% -10.3% -0.7%
Quartile Rank
Percentile Rank - - - - - - - - - 80% 35% 54%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.