Apollo sets conversion rate for mandatory convertible preferred stock
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Apollo Announces Conversion Rate for Mandatory Convertible Preferred Stock
July 30, 2026 6:45 AM EDTNEW YORK, July 30, 2026 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (the Company) announced today that its outstanding 6.75% Series A Mandatory Convertible Preferred Stock (the Preferred Stock) will automatically convert into shares of the Companys common stock on July 31, 2026 (the conversion date). The conversion rate for each share of Preferred Stock will be 0.5074 shares of the Companys common stock. Cash will be... More
