American National Completes Full Redemption of Outstanding Depositary Shares Representing Interests in its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series AHOUSTON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- American National Group Inc. (the “Company”) (NYSE: ANG PRA) today announced that the Company has completed the previously announced redemption (the “Redemption”) of all the 16,000 outstanding shares of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”) and the corresponding 16,000,000 depositary shares, each representing a 1/1,000th interest in one share of Series A Preferred Stock (the “Depositary Shares”). The redemption price for the Depositary Shares was $25.00 per Depositary Share (equivalent to $25,000 per share of Series A Preferred Stock) plus an amount equal to any declared but unpaid dividends and the portion of the quarterly dividend attributable to 1/1,000th of a share of Series A Preferred Stock to the then-current dividend period that has not been declared and paid to, but excluding, the redemption date (which was February 24, 2025) (the “Redemption Date”, and such redemption price, the “Redemption Price”). The Company funded the Redemption Price with the net proceeds from its previously announced sale of 12,000,000 depositary shares, each representing a 1/1,000th interest in a share of the Company’s Fixed-Rate Non-Cumulative Preferred Stock, Series D, together with cash on hand.
American National Announces Full Redemption of Outstanding Depositary Shares Representing Interests in its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A and Intent to Voluntarily Delist and DeregisterHOUSTON, Jan. 24, 2025 (GLOBE NEWSWIRE) -- American National Group Inc. (the “Company”) (NYSE: ANG PRA) today announced that the Company will redeem (the “Redemption”) all the 16,000 outstanding shares of its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”) and the corresponding 16,000,000 depositary shares, each representing a 1/1,000th interest in one share of Series A Preferred Stock (the “Depositary Shares”), on February 24, 2025 (the “Redemption Date”).
American National offers information and resources during the winter stormSPRINGFIELD, Mo., March 14, 2023 (GLOBE NEWSWIRE) -- Our thoughts are with those affected by the winter weather and cold that may cause power outages and damages across New England.
American National offers information and resources during the winter stormSPRINGFIELD, Mo., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Our thoughts and prayers go out to those affected by the winter weather and cold that may cause power outages and damages across the Great Lakes, Midwest, Southwest, and Southeast regions.
American National ranked most trustworthy insurance company on Newsweek’s America’s Most Trustworthy Companies 2022-2023GALVESTON, Texas, Dec. 20, 2022 (GLOBE NEWSWIRE) -- American National Insurance Company was recently named to Newsweek’s list of America’s Most Trustworthy Companies. For the first time, Newsweek, in collaboration with market research partner Statista, recognizes America's Most Trustworthy Companies in 22 different industries according to U.S. residents' evaluations. American National was rated the top insurance company.
