Lazard, Inc. reports developments in financial advisory and asset management, its two recurring business lines. The firm provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, while its asset management business offers investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals.
Recurring LAZ news includes quarterly operating results, monthly assets-under-management updates with flow, market, foreign-exchange and asset-class detail, common-stock dividend declarations, additions to advisory sector groups, and strategic updates for the global platform. Coverage also reflects the firm’s operations in North and South America, Europe, the Middle East, Asia and Australia.
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Lazard Ltd (NYSE: LAZ) has declared a quarterly dividend of $0.50 per share, set to be paid on May 19, 2023. This payment will be to stockholders of record as of May 8, 2023. The decision reflects the company's commitment to returning value to shareholders amidst its extensive global operations.
Lazard operates in 43 cities across 26 countries, providing services in financial advisory and asset management, including mergers and acquisitions advice, capital market services, and restructuring solutions.
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Lazard Ltd (NYSE: LAZ) announced its preliminary assets under management (AUM) as of March 31, 2023, totaling approximately $232.1 billion. This AUM reflects market appreciation of $2.8 billion, net inflows of $2.8 billion including about $3.9 billion from acquiring Truvvo Partners, and foreign exchange appreciation of $2.3 billion. The average AUM for the quarter was $226.8 billion. Lazard operates in 43 cities across 26 countries, offering services including mergers, acquisitions, and asset management.
Lazard Ltd (NYSE: LAZ) will announce its first-quarter 2023 financial results on April 28, 2023, with a press release available on its website. The company will host a conference call at 8:00 a.m. EDT on the same day to discuss the results. Investors can access the call through a live audio webcast or by dialing designated numbers for U.S. and international participants. A replay of the call will be available by 10:00 a.m. EDT on April 28. Lazard, celebrating its 175th anniversary, is a global financial advisory and asset management firm, operating in 43 cities across 26 countries. The firm provides advice on mergers, acquisitions, restructuring, and capital solutions, among other services.
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