AIG: Expensing Options Has Small Impact
NU Online News Service, Aug. 12, 2:47 p.m. EST?American International Group in New York said that it will expense the fair value of all stock options granted beginning Jan. 1, 2003.
AIG said, in an announcement released by the insurer yesterday, that the impact in 2003 of adopting SFAS No. 123, Accounting for Stock-Based Compensation, is estimated at less than 1 penny per share.
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