What Happened?

Shares of asset management firm Invesco (NYSE: IVZ) jumped 2.9% in the afternoon session after the company announced it agreed to repurchase $500 million of its preference shares. The asset manager agreed to buy back the shares from Massachusetts Mutual Life Insurance Company at an 18% premium. A repurchase, especially at a premium, can signal management's confidence in the company's financial standing. Adding to the positive developments, Invesco also formed a partnership with LGT Capital Partners to increase access to private markets for investors in the United States. This news appeared to overshadow a separate report that the company's assets under management had decreased by 0.6% in the previous month.

The shares closed the day at $26.54, up 2.8% from previous close.

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What Is The Market Telling Us

Invesco’s shares are somewhat volatile and have had 12 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 4 days ago when the stock gained 3.9% on the news that its mutual fund division announced it would resume taking new investments in three of its international funds. The fund house had previously suspended new subscriptions in these overseas fund-of-funds in October 2025, but decided to revoke the temporary suspension. Effective December 5, 2025, investors could once again make lump-sum purchases and start new systematic investment plans in the Invesco Global Equity Income Fund of Fund, Invesco Pan European Equity Fund of Fund, and the Invesco Global Consumer Trends Fund of Fund. This news followed a period of positive performance for the company, which had previously reported strong third-quarter financial results that surpassed analysts' expectations for both earnings and revenue.

Invesco is up 50.3% since the beginning of the year, and at $26.54 per share, has set a new 52-week high. Investors who bought $1,000 worth of Invesco’s shares 5 years ago would now be looking at an investment worth $1,499.

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