Welcome to our dedicated page for Athene Hldg news (Ticker: ATH), a resource for investors and traders seeking the latest updates and insights on Athene Hldg stock.
Athene Holding Ltd. (ATH) is a leading provider of retirement services, offering innovative solutions for retirement income and savings products across global markets. This page serves as the definitive source for official announcements, financial updates, and strategic developments impacting the company's trajectory.
Investors and industry observers will find timely access to earnings reports, product launches, leadership updates, and regulatory filings. Our curated news collection enables informed analysis of Athene's market position in the retirement services sector, including its corporate solutions and risk management practices.
Key updates include developments in annuity product offerings, strategic partnerships, and financial performance metrics. Bookmark this page to monitor how Athene's global operations and asset management strategies evolve in response to demographic trends and regulatory changes.
Athene Holding Ltd. announced the commencement of two separate offers to purchase senior secured medium term notes. The Series 2022-6 Offer aims to acquire $500 million of 3.205% notes due 2027, while the Series 2020-5 Offer targets $650 million of 2.450% notes, also due 2027. This initiative reflects Athene's strong credit metrics and recent upgrades in credit ratings from Fitch to A+ and Moody's A1. The offers will expire on September 12, 2022, with settlement anticipated on September 13, 2022.
Athene Holding Ltd. has declared dividends for its preferred stock, to be paid on September 30, 2022. The dividends include $396.875 per share for Series A, $351.5625 for Series B, $398.4375 for Series C, and $304.6875 for Series D. Holders of depositary shares will receive proportionate amounts. All payments are for the quarter ending in September 2022, with record dates set for September 15, 2022. Athene, a financial services leader, manages total assets of $234.3 billion.
Lockheed Martin (NYSE: LMT) announced the purchase of group annuity contracts from Athene Holding Ltd. (NYSE: ATH), transferring approximately $4.3 billion of pension obligations for 13,600 U.S. retirees. The transaction will not require additional funding and will have no impact on the benefits received by retirees. However, a $1.5 billion non-cash settlement charge is expected in Q2 2022, resulting from accelerated recognition of actuarial losses. The company will revise its financial outlook during its upcoming earnings release.
LeasePlan Corporation has announced a strategic acquisition agreement with Wheels Donlen's parent company, supported by Athene. This deal aims to unify LeasePlan USA with Wheels Donlen to enhance fleet management solutions. With a combined asset base of $246 billion from Athene, the merger is set to strengthen market position and investment capacity, particularly in electric vehicles and digital technologies. The transaction is expected to close by the end of 2022, contingent upon regulatory approvals, ensuring continuity and global service delivery to clients.
Athene Holding Ltd. announced preferred stock dividends for its non-cumulative preference shares, payable on June 30, 2022, to holders of record as of June 15, 2022. The quarterly dividends are as follows: $396.875 per share for Series A, $351.5625 for Series B, $398.4375 for Series C, and $304.6875 for Series D. These amounts correspond to $0.396875, $0.3515625, $0.3984375, and $0.3046875 per depositary share, respectively. Athene specializes in retirement services and reported total assets of $246.1 billion as of March 31, 2022.
Athene Holding Ltd. announced the appointment of Rebecca H. Tadikonda as Executive Vice President, Strategy and Innovation, effective May 18, 2022. This newly created role aims to enhance the company's growth through strategic initiatives. CEO Grant Kvalheim expressed excitement about her extensive experience in driving strategic growth, having previously worked at MetLife and Bain & Company. Athene, with total assets of $246.1 billion as of March 31, 2022, is expanding its commitment to innovation in the retirement services market.
Athene Holding Ltd. has declared dividends on its non-cumulative preference shares, payable on March 30, 2022, to holders of record as of March 15, 2022. The dividends are as follows: $396.875 per share for Series A; $351.5625 for Series B; $398.4375 for Series C; and $304.6875 for Series D. This reflects the company’s commitment to providing returns to its shareholders. Athene operates with total assets of $235.1 billion as of December 31, 2021, focusing on financial security for customers.
Athene Holding Ltd. reported strong financial results for Q4 and the full year 2021, with inflows surpassing $9 billion in the fourth quarter and a record $37 billion for the year, reflecting a 34% increase from 2020. Full-year adjusted operating earnings reached $2.3 billion, a 124% year-over-year increase. The adjusted book value rose to $73.84 per share, up 30% from last year. Following the merger with Apollo on January 1, 2022, Athene is poised for continued growth and success in the retirement services sector.
Alcoa Corporation (NYSE: AA) announced the acquisition of additional group annuity contracts, enhancing its balance sheet and mitigating pension plan volatility. The new contracts will facilitate the transfer of approximately
AM Best has assigned a Long-Term Issue Credit Rating of bbb+ to Athene Holding Ltd.'s $500 million, 3.45% senior unsecured notes, due May 15, 2052. The outlook for this rating is stable, with all other ratings for Athene remaining unchanged. The funds will support general corporate needs, including growth opportunities, and are indicative of improved capital levels along with stable financial leverage and interest coverage metrics.
