AMG Q2 2024: Economic EPS $4.67, up 5% YoY; positive net client flows; new buyback authorization

AFFILIATED MANAGERS GROUP, INC.

2024-Q2 EPS reported $6.49 revenue$1,000,300,000

Q2 GAAP EPS $2.26 vs $3.25 YoY; Economic EPS $4.67 vs $4.45 prior year; net income $76M.
Net client cash flows positive $0.9B in Q2, improved from -$10.5B YoY, driven by private markets.
AUM ended Q2 at $701B, up 4% from $673.9B a year ago.
Repurchased $327M of shares in Q2 ($477M YTD); Board authorized additional 5.4M share repurchase.
Quarterly dividend of $0.01/share declared, payable Aug 22 to holders of record Aug 8 (unchanged).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.