Bernstein Seems Impressed with AIG Buyback, Dividend, Believes Co. Has 'Ample Capital'

Bernstein's Josh Stirling issued a research note Friday morning suggesting the dividend and buyback announced by AIG (NYSE: AIG ) on Thursday afternoon was "much more important than the dollars would suggest." The analyst sees the news as an indication the company has more-than-enough capital even considering the ILFC deal.