Invesco Ltd. (IVZ) Announces Combination with OppenheimerFunds and $1.2 Billion Common Stock Buyback Program

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Invesco announces Combination with OppenheimerFunds, $1.2 Billion Common Stock Buyback Program and Reports Results for the Three Months Ended September 30, 2018

October 18, 2018 6:55 AM EDT

ATLANTA, Oct. 18, 2018 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today announced a combination with OppenheimerFunds, a strategic partnership with Massachusetts Mutual Life Insurance Company (MassMutual) and a $1.2 billion common stock buyback program. Invesco also reported financial results for the three months ended September 30, 2018.

"The combination with OppenheimerFunds and the... More