|Bid||47.65 x 1000|
|Ask||47.80 x 800|
|Day's Range||46.49 - 47.83|
|52 Week Range||17.30 - 57.57|
|Beta (5Y Monthly)||2.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jan 18, 2022 - Jan 24, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.39|
PITTSBURGH, November 23, 2021--Alcoa Corporation (NYSE: AA) announced today that William F. Oplinger, Alcoa’s Executive Vice President and Chief Financial Officer, will participate in a question and answer session at the virtual Citi Conference, beginning at 8:45 a.m. EST on Wednesday, December 1, 2021.
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Alcoa Corp. announced the purchase of group annuity contracts that will facilitate the transfer of approximately $1 billion of pension obligations and assets associated with defined benefit pension plans for certain U.S. retirees and beneficiaries. Alcoa (NYSE:AA) said in a release this will further enhance its strong balance sheet, reduce the risk from volatility in pension plan obligations and continue to meet commitments to retirees and beneficiaries. The group annuity contracts will be executed by two subsidiaries of Athene Holding Ltd. Athene will assume payments for approximately 11,200 participants in the U.S. pension plans.