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Units Outstanding (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Changes in AB Holding Units Outstanding
Changes in AB Holding Units outstanding for the years ended December 31, 2024 and 2023 are as follows:
 20242023
Outstanding as of January 1,114,436,091 113,801,097 
Units issued 3,201,493 3,283,594 
Units retired (1)
(7,107,255)(2,648,600)
Outstanding as of December 31,110,530,329 114,436,091 
On December 19, 2024, the company entered into a master exchange agreement with EQH providing for the issuance by AB of up to 10,000,000 units representing assignments of beneficial ownership of limited partnership interests in AB (“AB Units”) to EQH in exchange for an equal number of AB Holding Units owned by EQH, with such exchanges to occur over the next two years. Each AB Holding Unit exchanged will be retired following the exchange. On December 19, 2024, EQH and AB exchanged 5,211,194 AB Units for AB Holding Units and the AB Holding Units were retired. See Exhibit 10.32 to this Form 10-K for further details.
(1)Includes 5,211,194 Units retired in connection with a master exchange agreement entered into with EQH on December 19, 2024. See Exhibit 10.32 to this Form 10-K for further details.