IVZ · 10-Q · 2026Q3 · Full report
Capital Return Program
Invesco Ltd. · 2026-11-03 · Importance 69 · Surprise 64 · No source text
During the nine months ended September 30, 2026, Invesco repurchased 5.6 million common shares for $155.0 million, compared with 4.4 million shares for $75.0 million in the prior-year period. At September 30, $1,077.2 million remained available under repurchase authorizations approved in 2016 and February 2026. The company paid $290.5 million in common dividends and $112.2 million in preferred dividends during the nine months; on October 26, 2026, it declared a $0.215-per-common-share dividend payable December 2.
Key facts
- On October 26, 2026, Invesco repurchased $1.5 billion of its outstanding Series A Preferred Stock held by MassMutual, funded by a $1.5 billion five-year floating-rate bank term loan; it paid a 12.5% premium on the $1,000-per-share liquidation preference. source
- For the nine months ended September 30, 2026, Invesco repurchased $154.4 million of common shares through the open market, compared with $75.0 million in the same 2025 period. source
- Invesco repurchased 5.6 million common shares for $155.0 million in the open market in the nine months ended September 30, 2026, compared with 4.4 million shares for $75.0 million in the same 2025 period. source
- At September 30, 2026, $1,077.2 million remained available under Invesco’s share repurchase authorizations approved July 22, 2016 and February 18, 2026. source
- In the second quarter of 2025, Invesco repurchased $1.0 billion of its outstanding Series A Preferred Stock held by MassMutual. source
- Invesco repurchased 2.1 million common shares for $65.0 million in the open market in the three months ended September 30, 2026, compared with 1.2 million shares for $25.0 million in the same 2025 period. source
- On October 26, 2026, Invesco declared a third-quarter 2026 cash dividend of $0.215 per common share, payable December 2, 2026 to shareholders of record at close of business November 13, 2026. source
- On October 26, 2026, Invesco declared a preferred dividend of $14.75 per preferred share for September 1 through November 30, 2026, payable December 1, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -5.2% | On October 26, 2026, Invesco repurchased $1.5 billion of its outstanding Series A Preferred Stock held by MassMutual, funded by a $1.5… |
| cash | positive | committed | +4.6% | On October 26, 2026, Invesco repurchased $1.5 billion of its outstanding Series A Preferred Stock held by MassMutual, funded by a $1.5… |
| liability | negative | committed | -4.6% | On October 26, 2026, Invesco repurchased $1.5 billion of its outstanding Series A Preferred Stock held by MassMutual, funded by a $1.5… |
| cash | negative | committed | -1.7% | At September 30, 2026, $1,077.2 million remained available under Invesco’s share repurchase authorizations approved July 22, 2016 and… |
| cash | negative | realized | -1.5% | For the nine months ended September 30, 2026, Invesco paid $290.5 million in common dividends and $112.2 million in preferred dividends… |
| cash | negative | realized | -0.6% | Invesco repurchased 5.6 million common shares for $155.0 million in the open market in the nine months ended September 30, 2026, compared… |
| cash | negative | committed | — | On October 26, 2026, Invesco declared a third-quarter 2026 cash dividend of $0.215 per common share, payable December 2, 2026 to… |
| liability | negative | committed | — | On October 26, 2026, Invesco declared a third-quarter 2026 cash dividend of $0.215 per common share, payable December 2, 2026 to… |
| liability | negative | committed | — | On October 26, 2026, Invesco declared a preferred dividend of $14.75 per preferred share for September 1 through November 30, 2026,… |
| cash | negative | committed | — | On October 26, 2026, Invesco declared a preferred dividend of $14.75 per preferred share for September 1 through November 30, 2026,… |