Corebridge holder Nippon Life buys about $160M in stock
Nippon Life’s reported 29.4% position is based on 445,772,522 Corebridge shares outstanding as of July 31, 2026.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Corebridge Financial, Inc. (CRBD) reported that Nippon Life Insurance Company purchased 4,658,665 shares of its common stock in open-market transactions from October 5, 2026, through October 23, 2026, under the previously disclosed 10b5-1 Trading Plan. The purchases had approximately $159,990,457 in aggregate consideration, funded with Nippon Life’s working capital.
Nippon Life reported beneficial ownership of 131,262,715 shares, or 29.4% of the class. Corebridge had 445,772,522 shares outstanding as of July 31, 2026, the figure used for the ownership calculation. Of the beneficially owned shares, 131,229,444 were held of record by Nippon Life and 33,271 by its wholly owned subsidiary, Nissay Asset Management Corporation. General Manager Yohei Miyanaga signed for Nippon Life.
Key Figures
Key Terms
10b5-1 Trading Plan regulatory
beneficially own financial
working capital financial
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.