8-KEarnings & ResultsRegulation FDExhibits & Filings

Ares Management Corp 8-K Report, Financial Results (Apr 28, 2023)

Filed April 28, 2023For Securities:ARESARES-PB

Summary

Ares Management Corp. (ARES) has filed an 8-K report on April 28, 2023, to disclose its first-quarter financial results for the period ended March 31, 2023. The report primarily references a press release and an earnings presentation, which contain the detailed financial and operational information for the quarter. Investors should refer to these attached exhibits for comprehensive insights into the company's performance. In addition to the financial results, the filing also announces the declaration of a quarterly dividend. This dividend of $0.77 per share for Class A common stock is scheduled to be paid on June 30, 2023, to shareholders of record on June 16, 2023. This communication is furnished and not deemed filed under Section 18 of the Exchange Act, meaning it's for informational purposes unless specifically incorporated into other filings.

Key Highlights

  • 1Ares Management Corp. announced its first-quarter 2023 financial results on April 28, 2023.
  • 2Detailed financial and operational information for Q1 2023 is available in the accompanying press release (Exhibit 99.1) and earnings presentation (Exhibit 99.2).
  • 3The company declared a quarterly dividend of $0.77 per share for its Class A common stock.
  • 4The dividend payment date is June 30, 2023.
  • 5Shareholders of record as of June 16, 2023, are eligible to receive the declared dividend.
  • 6The information provided in the press release and presentation is furnished and not considered 'filed' for regulatory purposes, limiting its incorporation by reference into other SEC filings.

Frequently Asked Questions

The 8-K filing itself does not contain the detailed financial results. Investors need to refer to Exhibit 99.1 (Press Release) and Exhibit 99.2 (Earnings Presentation) attached to the 8-K, both dated April 28, 2023, for Ares Management's Q1 2023 financial performance details.

Ares Management declared a quarterly dividend of $0.77 per share for its Class A common stock. This dividend is expected to be paid on June 30, 2023.

Class A common stockholders of record as of June 16, 2023, will be eligible to receive the $0.77 per share dividend.

No, the information disclosed under Items 2.02 and 7.01, including the press release and earnings presentation, is being furnished and is not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934. This means it does not automatically become part of other SEC filings unless specifically incorporated by reference.