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. (NYSE: ATH) declared preferred stock dividends for Q3 2021, payable on September 30, 2021. Holders of record as of September 15, 2021, will receive dividends for Series A, B, C, and D non-cumulative preference shares. Key dividends include $396.875 for Series A, $351.5625 for Series B, $398.4375 for Series C, and $304.6875 for Series D, corresponding to depositary shares of $0.396875, $0.3515625, $0.3984375, and $0.3046875 respectively.
Athene Holding Ltd. (NYSE: ATH) announced strong second-quarter 2021 financial results, showcasing a 32% year-over-year increase in adjusted book value per share. The CEO noted impressive asset management and strong organic growth, coupled with gains from an investment in Apollo. As the merger with Apollo approaches completion in January, management expresses confidence in the company's future. Athene has total assets of $215.5 billion as of June 30, 2021. For further details, visit their investor relations page.
Athene Holding Ltd. (ATH) announced the completion of a $4.9 billion pension risk transfer (PRT) transaction with Lockheed Martin (LMT). This deal, covering approximately 18,000 participants, marks Athene's largest PRT transaction to date. Athene's subsidiaries will manage the annuity benefits, providing income security to retirees. This transaction highlights Athene's strong position in the pension risk transfer market and reflects the growing trend among companies to mitigate pension liabilities. Since entering the market, Athene has completed over $19 billion in transactions.
Lockheed Martin Corporation (NYSE: LMT) has purchased group annuity contracts from Athene Holding Ltd. (NYSE: ATH) to transfer approximately $4.9 billion of pension obligations for around 18,000 retirees. The deal, expected to incur a non-cash settlement charge of roughly $1.7 billion in Q3 2021, does not change the retirees' benefits. The full-year 2021 earnings per share forecast has been updated to reflect this charge, indicating an expected range of $21.95 to $22.25 after tax. Lockheed Martin reaffirms its prior guidance on net sales and operating profit.
Athene Holding Ltd. (NYSE: ATH) has announced a definitive agreement to acquire Foundation Home Loans (FHL), a UK mortgage lender, from Fortress Investment Group affiliates. As of June 2021, FHL managed a £3 billion mortgage portfolio. This strategic move aims to enhance Athene's asset sourcing capabilities and provide attractive investment opportunities in residential mortgage loans. The acquisition is subject to regulatory approvals, including consent from the Financial Conduct Authority.
Athene Holding Ltd. (NYSE: ATH) will release its financial results for Q2 2021 on August 5, 2021, prior to market open. A conference call is scheduled for 10:00 a.m. ET on the same day to review the results. As of March 31, 2021, the company reported total assets of $205.7 billion. The financial supplement and earnings presentation will be accessible on the company's investor relations website.
For further inquiries, investors can contact Noah Gunn at +1 441 279 8534 or via email.
Athene Holding Ltd. (NYSE:ATH) announced on July 6, 2021, its agreement to acquire a 15% minority stake in Challenger Limited (ASX:CGF) for approximately A$720 million (about US$540 million). This acquisition, pending regulatory approval for 3%, will increase Athene's total interest in Challenger to 18%. Challenger, a leader in Australia's retirement market, manages A$104 billion in assets. Athene aims to leverage this partnership to support Challenger's growth and enhance its own presence in the Australian market.
Athene Holding Ltd. (NYSE: ATH) announced that CEO James Belardi will participate in a panel discussion titled "Executive Perspectives: Views from Life Insurance CEOs" at the S&P Global Ratings' 37th Annual Insurance Conference on June 9, 2021, at 11 a.m. ET. The event will be held online, and registration is complimentary for attendees. Athene, with total assets of $205.7 billion as of March 31, 2021, operates in the U.S., Bermuda, and Canada, providing retirement services to help customers achieve financial security.
AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb+” to Athene Holding Ltd.'s recently issued $500 million 3.95% senior unsecured notes due May 25, 2051, with a stable outlook. The proceeds will support general corporate purposes, including investment opportunities and growth. Athene's existing ratings remain unchanged, reflecting stable proforma financial leverage and interest coverage metrics.
Athene Holding Ltd. (NYSE: ATH) reported robust financial results for Q1 2021, marking record profitability with $8.2 billion in gross organic inflows. This performance reflects a 16% annual increase in adjusted book value since its inception. The CEO highlighted the success of their alternative investment portfolio, which generated record income. Additionally, Athene is poised for future growth following a strategic merger announcement with Apollo Global Management in March 2021. The company holds total assets of $205.7 billion as of March 31, 2021.
