Invesco Announces $1.5 Billion Preferred Stock Repurchase and Strong Q3 Results
Invesco (IVZ) reported strong third-quarter 2026 financial results, highlighted by an expansion of its adjusted operating margin to 40.7%. A central component of the report is the announcement of a $1.5 billion preferred stock repurchase program. By replacing high-cost preferred shares with lower-cost bank loans, the company aims to reduce leverage and save approximately $88.5 million in annual dividend payments, directly benefiting common shareholders. The firm also demonstrated significant scale with net long-term asset inflows reaching $35.1 billion during the quarter. Notably, more than half of these inflows originated from international markets, including EMEA and Asia-Pacific regions. This geographic diversification, combined with a strategic shift toward low-fee ETFs and model portfolios, is driving operating leverage as top-line growth outpaces operational costs.
Tickers: $IVZ
Topics: Asset inflows Operating margin expansion Preferred stock repurchase Q3 earnings