Key Developments: American Financial Group Inc (AFG)

AFG on New York Consolidated

59.57USD
19 Sep 2014
Price Change (% chg)

$0.11 (+0.19%)
Prev Close
$59.46
Open
$59.51
Day's High
$59.82
Day's Low
$59.51
Volume
59,724
Avg. Vol
365,098
52-wk High
$60.64
52-wk Low
$51.52

Search Stocks

Latest Key Developments (Source: Significant Developments)

American Financial Group Inc announces the pricing of $150 million aggregate principal amount of subordinated debentures due 2054
Tuesday, 16 Sep 2014 05:17pm EDT 

American Financial Group Inc:Prices an offering of $150 mln aggregate principal amount of 6ΒΌ pct Subordinated Debentures due 2054.The offering is expected to close on Sept. 23.Company intends to apply to list the Debentures on the New York Stock Exchange under the symbol AFGE.If approved for listing, trading of the Debentures on the New York Stock Exchange is expected to commence within 30 days after they are first issued.Net proceeds of the offering will be used for general corporate purposes.Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC are joint book-running managers of the offering.  Full Article

American Financial Group Inc Increases Annual Dividend by 14 pct
Monday, 18 Aug 2014 04:54pm EDT 

American Financial Group Inc:Approves increase in company's regular annual dividend from $0.88 to $1.00 per share of common stock.Increased dividend, when declared, will be paid on quarterly basis of $0.25 per share of common stock beginning in Oct. 2014.  Full Article

American Financial Group Inc reaffirms FY 2014 EPS guidance
Monday, 28 Jul 2014 05:05pm EDT 

American Financial Group Inc:Says FY 2014 core net operating earnings guidance unchanged at $4.50 - $4.90 per share.FY 2014 EPS of $4.75 - Thomson Reuters I/B/E/S.  Full Article

American Financial Group Inc declares quarterly dividend
Tuesday, 1 Jul 2014 10:16am EDT 

American Financial Group Inc:Announced that it has declared a regular dividend of $0.22 per share of American Financial Group Common Stock.Dividend is payable on July 25 to holders of record on July 15.  Full Article

American Financial Group Inc reaffirms FY 2014 EPS guidance
Tuesday, 6 May 2014 05:05pm EDT 

American Financial Group Inc:Continues to expect core net operating earnings in FY 2014 to be between $4.50 and $4.90 per share.FY 2014 EPS of $4.68 - Thomson Reuters I/B/E/S.  Full Article

American Financial Group Inc completes purchase of Summit Holding Southeast Inc
Tuesday, 1 Apr 2014 11:51am EDT 

American Financial Group Inc:Completed purchase of Summit Holding Southeast Inc and its related companies from Liberty Mutual Insurance.Purchase price was about $260 mln at closing.  Full Article

American Financial Group Inc declares quarterly dividend
Tuesday, 1 Apr 2014 09:11am EDT 

American Financial Group Inc:Declares regular dividend of $0.22 per share.Payable on April 25.Record date on April 15.  Full Article

American Financial Group reaffirms FY 2014 EPS guidance - Conference Call
Tuesday, 18 Mar 2014 10:40am EDT 

American Financial Group Inc:Expects FY 2014 core operating earnings to be in a range of $4.50 to $4.90.FY 2014 EPS of $4.68 - Thomson Reuters I/B/E/S Estimates.  Full Article

American Financial Group Inc terminates tender offer for National Interstate Shares
Sunday, 16 Mar 2014 08:58pm EDT 

American Financial Group Inc:Says that on March 14, at hearing held by the United States District Court for the Northern District of Ohio, court stated that it would grant a motion for preliminary injunction enjoining the consummation of tender offer of AFG's wholly owned subsidiary Great American Insurance Company (GAIC).To acquire all of outstanding shares of National Interstate Corporation common stock not currently owned by AFG and GAIC.In light of court's stated intention, AFG announced that GAIC has terminated tender offer.Tender offer was previously scheduled to expire on March 17.AFG believes that the $30 per share all-cash tender offer would have provided National Interstate's shareholders with compelling value at significant premium to market price prior to announcement of offer.GAIC will instruct its depositary, American Stock Transfer & Trust Company, LLC, to return promptly all shares tendered in offer prior to termination.  Full Article

American Financial Group Inc's subsidiary commences tender offer to acquire Public Minority Stake in National Interstate Corporation
Wednesday, 5 Feb 2014 08:01am EST 

American Financial Group Inc:Says its wholly-owned subsidiary Great American Insurance company (GAIC) has commenced a tender offer to acquire all of the outstanding shares of National Interstate Corporation common stock not owned by them for $28.00 per share in cash without interest.Says Innisfree M&A Incorporated is the Information agent for the tender offer.Says if the tender offer is completed, and following the tender offer, GAIC owns at least 90 pct of the outstanding shares of National Interstate on a fully diluted basis, AFG and GAIC intend to cause a second step, short-form, merger of National Interstate into a subsidiary of AFG.  Full Article

Search Stocks