{"url":"https://newsforagent.com/news/2026-11-07/invesco-preferred-stock-buyback","markdown_url":"https://newsforagent.com/news/2026-11-07/invesco-preferred-stock-buyback.md","title":"Invesco to Buy Back $1.5 Billion of Preferred Stock","headline":"Invesco Agrees $1.5 Billion Preferred Buyback, Saving $88.5 Million in Dividends","description":"Invesco agreed to repurchase $1.5 billion of preferred stock, cutting $88.5 million in annual dividends and lifting earnings available to common shareholders to $177 million.","section":"Dividends & Buybacks","published_at":"2026-11-07T19:01:34+00:00","modified_at":"2026-11-07T19:01:34+00:00","author":"News Desk","key_takeaways":["Invesco agreed to repurchase $1.5 billion of preferred stock, bringing total preferred redemptions to $3 billion over 18 months.","The buyback is funded with a lower-cost bank loan and saves $88.5 million in annual preferred dividends, lifting earnings available to common shareholders to $177 million.","Invesco reported operating margin of 40.7% and net long-term asset inflows of $35.1 billion in the third quarter of 2026."],"companies":[{"name":"Invesco","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00005pu/invesco","website":"http://www.invesco.com"}],"source":{"publisher":"The Motley Fool","title":"Invesco: 3 Key Takeaways for Long-Term Investors","url":"https://www.fool.com/earnings/takeaways/2026/11/07/invesco-3-key-takeaways-for-long-term-investors/"},"other_sources":[],"tags":["Dividends & Buybacks","Invesco"],"body_markdown":"[Invesco](https://akta.pro/company-profiles/00005pu/invesco) agreed to repurchase $1.5 billion of preferred stock, a move that brings its total preferred redemptions to $3 billion over 18 months and saves $88.5 million in annual dividends. The asset manager announced the buyback on its third-quarter 2026 earnings call, [The Motley Fool](https://www.fool.com/earnings/takeaways/2026/11/07/invesco-3-key-takeaways-for-long-term-investors/) reported. Invesco is a global asset manager offering ETFs, mutual funds and alternative investments, with $2.2 trillion in assets under management and the flagship QQQ Nasdaq-100 ETF.\n\n## How the Preferred Buyback Works\n\nInvesco reached an agreement to repurchase $1.5 billion of preferred stock, shares that pay a fixed dividend ahead of common equity. Funding the buyout with a lower-cost bank loan lowers overall capital costs and permanently eliminates recurring dividend payments.\n\n\"By repurchasing the preferred stock, we will save an additional $88.5 million in annual preferred stock dividends, bringing the total to $177 million that now becomes earnings available to common shareholders,\" Chief Financial Officer Allison Dukes said on the call, which was held on October 27, 2026.\n\nHigher fee-earning revenue alongside controlled expenses drove operating margin expansion to 40.7% in the quarter. Net long-term asset inflows reached $35.1 billion, with well over half coming from outside the U.S., including Europe, the Middle East and Africa as well as Asia-Pacific markets.\n\n\"We are going to continue to stay focused on our highly defined growth strategy with an emphasis on relentless execution, client-focused innovation, and teamwork across our firm,\" President and Chief Executive Officer Andrew Schlossberg said.\n\n## Invesco's Scale in Company Records\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Invesco reported total assets under management of $2.2 trillion as of March 31, 2026. The Invesco QQQ Trust held $481 billion in assets under management as of July 2026, and the combined QQQ and QQQM funds held $570 billion. The same records list a June 2026 post-IPO debt round of $1.2 billion.\n\n## Earlier Invesco Fund Results\n\nInvesco's Invesco Galaxy Bitcoin ETF reported third-quarter 2026 net income of $126.74 million, a 257.3% year-over-year increase, TradingView reported. The Invesco DB Precious Metals Fund posted net income of $6.25 million for the quarter, down 81.9% year over year, according to TradingView. Invesco's Invesco S&P 500 Equal Weight ETF added 498 positions on November 4, with gross trades of $939 million and net buying of $585.6 million, Yahoo reported.\n\n## Dukes at the BMO Financials Conference\n\nInvesco said Dukes will take part in a fireside chat at the BMO Financials Conference on November 9, 2026 at 1:15 p.m. ET, PR Newswire reported.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}