SUBSEQUENT EVENTS |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Subsequent Events [Abstract] | |
| SUBSEQUENT EVENTS | SUBSEQUENT EVENTS On October 26, 2026, the company repurchased $1.5 billion of Invesco’s Series A Preferred Stock held by MassMutual for cash, which was funded by a $1.5 billion five-year floating-rate bank term loan. A premium of 12.5% was paid to MassMutual on the liquidation preference of $1,000 per share. The preferred dividend will be prorated for the period the $1.5 billion of repurchased preferred stock is outstanding. On October 26, 2026, the company declared a third quarter 2026 dividend of $0.215 per common share, payable on December 2, 2026, to common shareholders of record at the close of business on November 13, 2026. On October 26, 2026, the company declared a preferred dividend of $14.75 per preferred share to the holders of preferred shares representing the period from September 1, 2026 through November 30, 2026. The preferred dividend is payable on December 1, 2026.
|