Company: AFGC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001042046-25-000035
Chunk: 4

Company: AMERICAN FINANCIAL GROUP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 — — 1 Restricted stock awards166,297 — — — — Other benefit plans75,833 10 — — 10 Dividend reinvestment plan11,154 1 — — 1 Stock-based compensation expense— 13 — — 13 Shares acquired and retired(788,134)(15)(83)— (98)Shares exchanged — benefit plans(43,387)(1)(4)— (5)Forfeitures of restricted stock(17,523)— — — — Balance at September 30, 202583,401,430 $1,504 $3,299 $(73)$4,730 Balance at December 31, 202383,635,807 $1,456 $3,121 $(319)$4,258 Net earnings— — 632 — 632 Other comprehensive income— — — 183 183 Dividends ($4.63 per share)— — (387)— (387)Shares issued:Exercise of stock options110,631 5 — — 5 Restricted stock awards157,681 — — — — Other benefit plans72,074 9 — — 9 Dividend reinvestment plan11,910 2 — — 2 Stock-based compensation expense— 13 — — 13 Shares acquired and retired— — — — — Shares exchanged — benefit plans(53,362)(1)(6)— (7)Forfeitures of restricted stock(11,295)— — — — Balance at September 30, 202483,923,446 $1,484 $3,360 $(136)$4,708 

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Table of ContentsAMERICAN FINANCIAL GROUP, INC. 10-Q

AMERICAN FINANCIAL GROUP, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)

(In Millions)

Nine months ended September 30,20252024Operating Activities:Net earnings$543 $632 Adjustments:Depreciation and amortization64 60 Realized (gains) losses on investing activities(19)(10)Net sales (purchases) of trading securities6 (25