8-KEarnings & ResultsOther EventsExhibits & Filings

AFFILIATED MANAGERS GROUP, INC. 8-K Report, Financial Results (May 6, 2024)

Filed May 6, 2024For Securities:AMGMGRBMGRMGRDMGRE

Summary

Affiliated Managers Group, Inc. (AMG) announced its first-quarter 2024 financial and operating results on May 6, 2024, through a press release. While the full details of the results are contained within the press release (Exhibit 99.1), the 8-K filing highlights specific information for investors. Notably, the company's Board of Directors declared a quarterly dividend of $0.01 per share, demonstrating a continued commitment to returning capital to shareholders. The dividend is payable on May 30, 2024, to shareholders of record as of May 16, 2024. The filing clarifies that certain financial highlights and tables within the press release are considered 'filed' under SEC regulations, meaning they are subject to liability under Section 18 of the Securities Exchange Act of 1934. The remainder of the press release content is being 'furnished,' which carries less regulatory scrutiny. Investors should refer to Exhibit 99.1 for a comprehensive understanding of AMG's quarterly performance.

Key Highlights

  • 1AMG reported its Q1 2024 financial and operating results on May 6, 2024.
  • 2A quarterly dividend of $0.01 per share of common stock was declared by the Board of Directors.
  • 3The dividend payment date is May 30, 2024.
  • 4Shareholders of record as of May 16, 2024, are eligible for the dividend.
  • 5Certain financial highlights and tables in the earnings press release are deemed 'filed' with the SEC.
  • 6The remainder of the earnings press release is 'furnished' to the SEC.
  • 7Investors are directed to Exhibit 99.1 (Earnings Press Release) for detailed financial and operating results.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce Affiliated Managers Group's (AMG) first-quarter 2024 financial and operating results, as detailed in an accompanying press release (Exhibit 99.1), and to inform investors about the declaration of a quarterly dividend.

The Board of Directors declared a quarterly dividend of $0.01 per share of common stock. This dividend is payable on May 30, 2024, to shareholders who are of record as of the close of business on May 16, 2024.

The financial highlights table and the financial tables on pages 3 through 7 within Exhibit 99.1 are considered 'filed' with the SEC and are subject to liability under Section 18 of the Securities Exchange Act of 1934. The rest of the information in Exhibit 99.1 is being 'furnished' and is not subject to the same level of regulatory scrutiny.

Detailed financial and operating results for the quarter ended March 31, 2024, are located in the earnings press release issued by AMG on May 6, 2024, which is furnished as Exhibit 99.1 to this 8-K filing.