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Apollo Global Management logoApollo Global Management APO

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.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. 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.

  2. 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.

  3. 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.

  4. 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-written

Analysis 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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.