8-KEarnings & ResultsRegulation FDExhibits & Filings

Ares Management Corp 8-K Report, Financial Results (Oct 31, 2023)

Filed October 31, 2023For Securities:ARESARES-PB

Summary

Ares Management Corp (ARES) filed an 8-K on October 31, 2023, primarily to furnish its third-quarter 2023 financial results and a related earnings presentation. The press release, incorporated by reference, details the company's performance for the quarter ended September 30, 2023. Investors should note that this information is being furnished and not deemed "filed" under the Securities Exchange Act of 1934, meaning it doesn't automatically become part of other SEC filings unless specifically referenced. In addition to the financial results, the 8-K also announces the declaration of a quarterly dividend of $0.77 per share for Class A common stock, payable on December 29, 2023, to shareholders of record as of December 15, 2023. The detailed earnings presentation provides further insights into the company's operational and financial condition for the period.

Key Highlights

  • 1Ares Management Corp announced its Q3 2023 financial results via a press release on October 31, 2023.
  • 2The company declared a quarterly dividend of $0.77 per share for its Class A common stock.
  • 3The dividend payment date is scheduled for December 29, 2023.
  • 4The record date for dividend eligibility is December 15, 2023.
  • 5Detailed financial results and an earnings presentation were made available as exhibits to the 8-K.
  • 6Information furnished under Items 2.02 and 7.01 is not considered 'filed' for Section 18 purposes.
  • 7The filing includes Exhibit 99.1 (Press Release) and Exhibit 99.2 (Earnings Presentation).

Frequently Asked Questions

The main purpose of this 8-K filing is to formally announce and provide access to Ares Management Corp's financial results for the third quarter ended September 30, 2023, along with an accompanying earnings presentation and the declaration of a quarterly dividend.

The quarterly dividend of $0.77 per share is payable on December 29, 2023, to Class A common stockholders who are of record as of December 15, 2023.

While the 8-K announces the release of financial results and includes an earnings presentation (Exhibit 99.2), the specific financial figures themselves are detailed within the press release (Exhibit 99.1) and the earnings presentation, which are furnished as part of this filing and should be reviewed for precise performance data.

Information furnished under Items 2.02 and 7.01, including the press release and earnings presentation, is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 or incorporated by reference into other SEC filings, unless specifically stated otherwise in a future filing.