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Apollo Global Management (APO) Announces New $500 Million Share Repurchase Authorization

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Apollo Global Management Announces New $500 Million Share Repurchase Authorization

March 12, 2020 8:00 AM EDT

NEW YORK, March 12, 2020 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the Company, and together with its consolidated subsidiaries, Apollo) today announced that the executive committee of its board of directors has approved a new share repurchase authorization that allows the Company to repurchase up to $500 million of its Class A common stock. This new authorization, which is effective immediately, increases Apollos capacity to repurchase shares from $80 million of unused capacity under the Companys previously approved plan.

Additional Details Regarding Share Repurchase Plan

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