Invesco Earnings Top Estimates, Announces $1B Buyback with MassMutual
5 Articles
5 Articles
Invesco and MassMutual Announce Repurchase of $1 billion of Invesco Preferred Stock and New Strategic Product and Distribution Partnership with Barings
/PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) and MassMutual announced today an agreement for Invesco to repurchase $1 billion of its $4 billion of outstanding...
Invesco Earnings Top Estimates, Announces $1B Buyback with MassMutual
Shares of Invesco Real Estate (IVZ) stock were trading in the green by more than 10 percent on Tuesday morning after the investment management company reported better-than-expected first-quarter earnings results. For the first quarter of 2025, Invesco reported total assets under management of $1.8 trillion, an 11 percent increase from the same time last year. Meanwhile, quarterly adjusted net income came in at $200 million, or 44 cents per share…
Invesco, MassMutual Bring Private Markets Together - Markets Media
Invesco and MassMutual announced an agreement for Invesco to repurchase $1 billion of its $4 billion of outstanding Invesco, Ltd Series A Preferred Stock otherwise noncallable until May 2040 at the price and on terms described in the agreement. The all-cash repurchase, which will be funded through debt financing, is expected to close in May 2025. Further, the repurchase agreement between Invesco Ltd. and MassMutual provides for the possibility o…
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