AIG Issue Warant As Dividend On 20 Jan 2011

Posted by Kris | Saturday, January 22, 2011 | , | 0 comments »

I just got my warrants as dividend. Here are some of the details. Overall, it the exercise date is like 10 years from now. Currently out of the money.


Dividend: 0.533933 for each AIG share held
Warrant Type: Call 
Strike Price : USD45
Conversion: 1 warrant for 1 mother share
Duration: 10 years (January 19, 2021)
Number of issues: 75 Million
Current price 22 Jan 2011: USD43
Warrant Price right now: USD16


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