Every material Form 8-K Invesco filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Invesco agreed on December 8, 2025 to repurchase 500,000 of its 5.9% Series A Preference Shares from MassMutual at $1,180 per share, an 18% premium to the $1,000 liquidation preference, which the filing describes as a $500 million repurchase. The deal is expected to close around mid-December 2025, and MassMutual will keep $2.5 billion of preferred shares and its roughly 18.3% stake in Invesco's common shares.
Repurchase of 500,000 preferred shares at $1,180 per share, described as $500 million in total
Price is an 18% premium to the $1,000 per share liquidation preference
Closing expected around the middle of December 2025, five business days after the agreement date
MassMutual will receive a prorated fourth-quarter 2025 dividend, payable March 2, 2026
Invesco reported third-quarter 2025 results, with GAAP diluted EPS of $0.66 versus a loss of $0.03 in the second quarter and $0.12 a year earlier. Operating revenues rose 8.2% to $1.6 billion, and operating income climbed 26.5% from the prior quarter, driven mainly by higher average assets under management. Results include a $35.9 million non-cash impairment tied to the planned intelliflo divestiture, which reduced EPS by $0.08.
Operating revenues of $1,640.4 million, up 8.2% from Q2-25 and 8.2% from Q3-24
Net long-term inflows of $28.9 billion; ending AUM of $2.1 trillion, up 6.2% from the prior quarter
Adjusted diluted EPS of $0.61, versus $0.36 in Q2-25 and $0.44 in Q3-24
Quarterly common dividend of $0.21 per share, payable December 2, 2025 to holders of record on November 14, 2025
Invesco reported second-quarter 2025 results, showing a GAAP net loss attributable to the company of $12.5 million, or $(0.03) per diluted share, compared with net income of $171.1 million in the first quarter and $132.2 million a year earlier. The company said the loss reflects a $159.3 million cost tied to repurchasing $1.0 billion of its Series A Preferred Stock, while adjusted diluted EPS was $0.36 and operating revenues were $1,515.5 million, up 2.2% from a year earlier but down 0.9% from the first quarter.
Net long-term inflows were $15.6 billion in Q2 2025, and ending AUM reached a record $2,001.4 billion.
GAAP diluted EPS was $(0.03) versus $0.38 in Q1 2025 and $0.29 in Q2 2024; adjusted diluted EPS was $0.36 versus $0.44 in Q1 2025.
The $159.3 million preferred repurchase cost followed the May 16, 2025 buyback of $1.0 billion of Series A Preferred Stock held by MassMutual, funded by new bank term loans.
A quarterly common dividend of $0.21 per share was declared, payable September 2, 2025, to holders of record on August 14, 2025.
Invesco and its subsidiary Invesco Finance, Inc. entered into a $1.0 billion unsecured term loan agreement with a syndicate of lenders led by Bank of America, N.A. as administrative agent, and the loans were fully drawn on May 16, 2025 to repurchase $1.0 billion of the company's 5.9% Series A preferred stock from MassMutual, which included a 15% premium. The company also entered into a five-year $2.5 billion unsecured revolving credit agreement that replaces its $2.0 billion facility, adding borrowing capacity while the new debt carries leverage and interest coverage covenants.
Two term loans totaling $1.0 billion: $500 million due May 16, 2028 and $500 million due May 16, 2030
Proceeds funded the repurchase of $1.0 billion of 5.9% preferred stock held by MassMutual; a 15% premium was paid on the $1,000 per share liquidation preference, and the repurchase was completed May 16, 2025
$2.5 billion five-year revolving credit agreement due May 16, 2030, amending and restating the $2.0 billion facility that was scheduled to expire April 26, 2028
Financial covenants require a Debt/EBITDA ratio of no more than 3.25:1.00 and interest coverage of at least 4.00:1.00
Invesco agreed on April 21, 2025 to buy back $1 billion of its 5.9% Series A preferred stock from MassMutual, a significant shareholder owning about 18.2% of common shares, at a 15% premium to liquidation preference. The all-cash deal, funded through debt financing, is expected to close in May 2025 and is expected to be earnings accretive beginning in the second half of 2025, while the company also raised its quarterly common dividend.
Repurchase of $1 billion of Series A preferred stock at a 15% premium to liquidation preference, expected to close in May 2025
Funded through debt financing; MassMutual will continue to hold $3 billion of preferred stock after the repurchase
Invesco expects the repurchase to be earnings accretive beginning in the second half of 2025
Quarterly common dividend increased from $0.205 to $0.210 per share; Barings and MassMutual also announced a U.S. wealth partnership with MassMutual's initial $650 million support
Invesco reported first-quarter 2025 diluted EPS of $0.38, up 22.6% from $0.31 a year earlier but down 17.4% from $0.46 in the fourth quarter of 2024. Operating revenues rose 3.7% year over year to $1,529.2 million, while the company also announced a $1 billion repurchase of its Series A Preferred Stock held by MassMutual, expected in May, and a higher quarterly common dividend of $0.21 per share.
Q1 2025 diluted EPS $0.38 vs. $0.31 in Q1 2024 and $0.46 in Q4 2024; adjusted diluted EPS $0.44
Operating revenues $1,529.2 million, up 3.7% year over year, down 4.0% from Q4 2024
Net long-term inflows of $17.6 billion; ending AUM $1,844.8 billion
$1 billion preferred stock repurchase from MassMutual expected in May; quarterly common dividend raised to $0.21 per share, payable June 3, 2025
Invesco reported fourth-quarter 2024 diluted EPS of $0.46, up from $0.12 in the third quarter and a loss of $1.64 a year earlier, with adjusted diluted EPS of $0.52. Operating revenues rose 5.1% from the third quarter and 12.7% from a year earlier to $1.6 billion, and the company declared a $0.205 quarterly common dividend payable March 4, 2025.
Diluted EPS $0.46 versus $0.12 in Q3 2024 and a loss of $1.64 in Q4 2023
Operating revenues $1.6 billion, up 5.1% from Q3 2024 and 12.7% from Q4 2023
Net long-term inflows of $25.6 billion in Q4 2024 and $65.1 billion for the full year
Quarterly common dividend of $0.205 per share, payable March 4, 2025 to holders of record on February 14, 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Invesco filing is on SEC EDGAR ↗. 8-K briefs of other companies →