Reported 2 days ago
American Financial Group, Inc. (AFG) has decided to postpone the sale of Charleston Harbor Resort & Marina, initially scheduled for June 11, 2025, in order to maintain flexibility in its capital strategy. The company, which stands to gain $100 million from the sale, aims to explore other strategic options instead. Despite recent declines in earnings, AFG has returned $290 million to shareholders and achieved a 6% increase in investment income, keeping its focus on dividends, buybacks, and acquisitions.
Source: YAHOO