The share repurchases contributing to AIG's 52% rise in 2012 are set to slow in 2013, says...

|By:, SA News Editor

The share repurchases contributing to AIG's 52% rise in 2012 are set to slow in 2013, says Wells' John Hall, downgrading the stock to Hold. The company has made clear its intention now is on improving its interest coverage ratio, and the proceeds from the AIA sale are going towards paying down debt, not buybacks.