Athene Announces Redemption of All Outstanding Series C Preferred Stock and Related Depositary Shares

Core Viewpoint - Athene Holding Ltd. will redeem all outstanding shares of its 6.375% Fixed-Rate Reset Perpetual Non-Cumulative Preferred Stock, Series C, along with the corresponding depositary shares on June 30, 2025 [1][2]. Group 1: Redemption Details - The Series C Preferred Stock will be redeemed on the upcoming dividend payment date, with all 24,000,000 depositary shares being redeemed [2]. - The redemption price for the depositary shares is set at $25.00 per share, equivalent to $25,000 per share of Series C Preferred Stock [3]. - No further dividends will be declared or paid following the redemption date, and the regular quarterly dividend will be paid separately to holders of record on June 15, 2025 [3]. Group 2: Company Overview - Athene is a leading retirement services company with over $380 billion in total assets as of March 31, 2025, and operates in the United States, Bermuda, Canada, and Japan [5]. - The company focuses on providing financial security through a range of retirement income and savings products, also serving as a solutions provider to corporations [5].