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SHARE CAPITAL
9 Months Ended
Sep. 30, 2025
Equity [Abstract]  
SHARE CAPITAL SHARE CAPITAL
The number of preferred shares issued and outstanding is represented in the table below:

(in millions)September 30, 2025December 31, 2024
Preferred shares issued4.04.0 
Less: Preferred shares repurchased (1)
(1.0)— 
Preferred shares outstanding (2)
3.04.0 
_________
(1)    On May 16, 2025, Invesco repurchased $1.0 billion Series A Preferred Stock held by Massachusetts Mutual Life Insurance Company (MassMutual).
(2)    Substantially all the outstanding preferred shares are held by MassMutual.

The number of common shares and common share equivalents issued are represented in the table below:

(in millions)September 30, 2025December 31, 2024
Common shares issued566.1 566.1 
Less: Treasury shares for which dividend and voting rights do not apply
(121.0)(118.1)
Common shares outstanding445.1 448.0