Ares Management Corp Files 8-K on Financials
Ticker: ARES-PB · Form: 8-K · Filed: Aug 2, 2024 · CIK: 1176948
| Field | Detail |
|---|---|
| Company | Ares Management Corp (ARES-PB) |
| Form Type | 8-K |
| Filed Date | Aug 2, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $0.93 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-K
Related Tickers: ARES
TL;DR
ARES dropped an 8-K detailing financial results and exhibits as of Aug 1st.
AI Summary
Ares Management Corporation filed an 8-K on August 2, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits, with the earliest event reported as of August 1, 2024. The company is incorporated in Delaware and headquartered in Los Angeles, California.
Why It Matters
This 8-K filing provides investors with crucial updates on Ares Management Corporation's financial performance and operational results, enabling informed investment decisions.
Risk Assessment
Risk Level: low — This is a routine 8-K filing for financial reporting and does not indicate any unusual or significant risks.
Key Players & Entities
- Ares Management Corporation (company) — Registrant
- August 2, 2024 (date) — Date of report
- August 1, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Los Angeles, California (location) — Address of principal executive office
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Ares Management Corporation's results of operations and financial condition, and to include financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was as of August 1, 2024.
Where is Ares Management Corporation headquartered?
Ares Management Corporation is headquartered at 2000 Avenue of the Stars, 12th Floor, Los Angeles, CA 90067.
What is the state of incorporation for Ares Management Corporation?
Ares Management Corporation is incorporated in Delaware.
What is the SEC file number for Ares Management Corporation?
The SEC file number for Ares Management Corporation is 001-36429.
Filing Stats: 690 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2024-08-01 21:13:07
Key Financial Figures
- $0.01 — stered Class A common stock, par value $0.01 per share ARES New York Stock Exchange
- $0.93 — declaration of a quarterly dividend of $0.93 per share of its Class A common stock,
Filing Documents
- ares-20240802.htm (8-K) — 37KB
- a2024q2-ex991.htm (EX-99.1) — 16KB
- a2024q2-ex992earningspre.htm (EX-99.2) — 144KB
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- areslogoa.jpg (GRAPHIC) — 44KB
- 0001628280-24-034260.txt ( ) — 12685KB
- ares-20240802.xsd (EX-101.SCH) — 2KB
- ares-20240802_def.xml (EX-101.DEF) — 16KB
- ares-20240802_lab.xml (EX-101.LAB) — 28KB
- ares-20240802_pre.xml (EX-101.PRE) — 16KB
- ares-20240802_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition . On August 2, 2024, the registrant issued a press release announcing its financial results for the second quarter ended June 30, 2024. The text of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information disclosed under this Item 2.02, including Exhibit 99.1 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure . On August 2, 2024, the registrant issued a press release announcing the declaration of a quarterly dividend of $0.93 per share of its Class A common stock, payable on September 30, 2024 to its Class A common stockholders of record as of September 16, 2024. The registrant also issued a detailed earnings presentation announcing its financial results for the second quarter ended June 30, 2024. The text of the press release and earnings presentation is included as Exhibit 99.1 and Exhibit 99.2, respectively, to this Form 8-K. The information disclosed under this Item 7.01, including Exhibit 99.1 and 99.2 hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 99.1 Press Release of Ares Management Corporation, dated August 2, 2024 99.2 Earnings Presentation of Ares Management Corporation, dated August 2, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARES MANAGEMENT CORPORATION Dated: August 2, 2024 By: /s/ Jarrod Phillips Name: Jarrod Phillips Title: Chief Financial Officer (Principal Financial & Accounting Officer) 3