---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-055946"
form_type: "8-K"
ticker: "IVZ"
cik: "0000914208"
company_name: "Invesco Ltd."
filed_at: "2025-12-09T23:59:59+00:00"
generated_at: "2026-05-16T13:54:17.006132+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Invesco repurchases $500M of preferred shares from MassMutual at 18% premium

## Summary
- Repurchase of 500,000 Series A Preferred Shares at $1,180/share (18% premium over $1,000 liquidation preference).
- Total cash consideration of $590M; closing expected mid-December 2025.
- MassMutual continues to hold $2.5B of Preferred Shares and ~18.3% of Invesco common shares.
- Prorated Q4 2025 dividend on repurchased shares payable March 2, 2026.

## SEC filing metadata
- accession: 0001628280-25-055946
- form_type: 8-K
- ticker: IVZ
- cik: 0000914208
- company_name: Invesco Ltd.
- filed_at: 2025-12-09T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914208/000162828025055946/0001628280-25-055946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914208/000162828025055946/ivz-20251208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-055946
- JSON: https://secwatch.observer/filing/0001628280-25-055946.json
- Plain text: https://secwatch.observer/filing/0001628280-25-055946.txt

## Key facts
- Material Agreements
  Invesco Ltd. entered into Preferred Share Repurchase Agreement with Massachusetts Mutual Life Insurance Company valued at $500 million (effective 2025-12-08).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Massachusetts Mutual Life Insurance Company
  - Value: $500 million
  - Effective: 2025-12-08
  source text: On December 8, 2025, Invesco Ltd. (the “Company”) and Massachusetts Mutual Life Insurance Company (“MassMutual”) entered into a Preferred Share Repurchase Agreement for the repurchase of $500 million of the Company’s outstanding 5.9% Fixed Rate Non-Cumulative Perpetual Series A Preference Shares (the “Preferred Shares”) held by MassMutual at a 18% premium to their liquidation preference per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/914208/000162828025055946/0001628280-25-055946-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.