AI English summary of an SEC filing — figures as filed
The company announced its September 30, 2024 results on Form 8-K, and its Q3 results on November 5, 2024, via a summary press release and a detailed earnings presentation, which are attached as Exhibit 99.1 and Exhibit 99.2 respectively under Item 2.02 8-K.
Key points
AI summaryThe company announced its September 30, 2024 results on Form 8-K, and its Q3 results on November 5, 2024, via a summary press release and a detailed earnings presentation, which are attached as Exhibit 99.1 and Exhibit 99.2 respectively under Item 2.02 8-K.
Apollo Global Management declared a cash dividend of $0.4625 per common share for the Q3 2024 quarter, payable on November 29, 2024 to holders of record as of November 18. The company also declared a cash dividend of $0.8438 per share on its mandatory convertible preferred stock, payable on January 31, 2025 to holders of record as of January 15.
The company said it had approximately $733 billion of assets under management as of September 30, 2024. It said it operates through its asset management business and Athene, its retirement services business.
The company said Chief Executive Officer Marc Rowan said its results for Q3 reflect broad-based momentum across the platform. The company announced that it will host a public audio webcast on November 5, 2024 at 8:30 a.m. Eastern Time.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Apollo Reports Q3 2024 Results
The company announced its September 30, 2024 results on Form 8-K, and its Q3 results on November 5, 2024, via a summary press release and a detailed earnings presentation, which are attached as Exhibit 99.1 and Exhibit 99.2 respectively under Item 2.02 8-K.
Source · Based on the filing body and exhibits
Common and Preferred Stock Dividends Declared
Apollo Global Management declared a cash dividend of $0.4625 per common share for the Q3 2024 quarter, payable on November 29, 2024 to holders of record as of November 18. The company also declared a cash dividend of $0.8438 per share on its mandatory convertible preferred stock, payable on January 31, 2025 to holders of record as of January 15.
Source · Based on the filing body and exhibits
Assets Under Management
The company said it had approximately $733 billion of assets under management as of September 30, 2024. It said it operates through its asset management business and Athene, its retirement services business.
Source · Based on the filing body and exhibits
Management Commentary and Earnings Call
The company said Chief Executive Officer Marc Rowan said its results for Q3 reflect broad-based momentum across the platform. The company announced that it will host a public audio webcast on November 5, 2024 at 8:30 a.m. Eastern Time.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…