Equitable Holdings ( (EQH) ) has provided an update.
On April 3, 2025, Equitable Holdings announced the final results of its tender offer to purchase up to 46 million units in AllianceBernstein Holding L.P., which expired on April 1, 2025. The company accepted 19,682,946 units for approximately $757.8 million, increasing its economic interest in AllianceBernstein L.P. to about 68.6%. This move solidifies Equitable Holdings’ position in the investment management sector, potentially impacting its market influence and stakeholder interests.
More about Equitable Holdings
Equitable Holdings, Inc. is a leading financial services holding company that includes Equitable, AllianceBernstein, and Equitable Advisors. It manages $1.0 trillion in assets and serves over 5 million clients globally. Founded in 1859, the company provides retirement and protection strategies, investment management, and financial planning services.
YTD Price Performance: 17.00%
Average Trading Volume: 2,980,630
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.04B
See more insights into EQH stock on TipRanks’ Stock Analysis page.