Victory Capital Holdings, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Changes in Stockholders’ Equity
| Shares · Stockholders' Equity | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accumulated | ||||||||||||
| Additional · Other | ||||||||||||
| Preferred Stock · Common Stock · Treasury Stock · Preferred Stock · Common Stock · Treasury Stock · Paid-InCapital · ComprehensiveIncome (Loss) · Retained Earnings · Total | ||||||||||||
| Balance, December 31, 2022 | — | 80,528 | (13,203) | $ | - | $805 | $(285,425) | $705,466 | $35,442 | $609,122 | $1,065,410 | |
| Issuance of common stock | — | 9 | — | - | - | — | 253 | — | — | 253 | ||
| Repurchase of shares | — | — | (4,161) | - | - | (134,506) | — | — | — | (134,506) | ||
| Shares withheld related to net settlement of equity awards | — | — | (786) | - | - | (24,355) | — | — | — | (24,355) | ||
| Vesting of restricted share grants | — | 786 | — | - | 8 | — | (8) | — | — | — | ||
| Exercise of options | — | 1,081 | — | - | 11 | — | 6,024 | — | — | 6,035 | ||
| Other comprehensive loss | — | — | — | - | - | — | — | (4,114) | — | (4,114) | ||
| Share-based compensation | — | — | — | - | - | — | 16,548 | — | — | 16,548 | ||
| Dividends declared | — | — | — | - | - | — | — | — | (85,427) | (85,427) | ||
| Net income | — | — | — | - | - | — | — | — | 213,157 | 213,157 | ||
| Balance, December 31, 2023 | — | 82,404 | (18,150) | $ | - | $824 | $(444,286) | $728,283 | $31,328 | $736,852 | $1,053,001 | |
| Issuance of common stock | — | 7 | — | - | - | — | 291 | — | — | 291 | ||
| Repurchase of shares | — | — | (1,403) | - | - | (95,826) | — | — | — | (95,826) | ||
| Shares withheld related to net settlement of equity awards | — | — | (742) | - | - | (34,744) | — | — | — | (34,744) | ||
| Vesting of restricted share grants | — | 462 | — | - | 4 | — | (4) | — | — | — | ||
| Exercise of options | — | 1,075 | — | - | 11 | — | 8,581 | — | — | 8,592 | ||
| Other comprehensive loss | — | — | — | - | - | — | — | (12,645) | — | (12,645) | ||
| Share-based compensation | — | — | — | - | - | — | 15,220 | — | — | 15,220 | ||
| Dividends declared | — | — | — | - | - | — | — | — | (101,116) | (101,116) | ||
| Net income | — | — | — | - | - | — | — | — | 288,864 | 288,864 | ||
| Balance, December 31, 2024 | — | 83,948 | (20,295) | $ | - | $839 | $(574,856) | $752,371 | $18,683 | $924,600 | $1,121,637 | |
| Issuance of common stock | — | 4 | — | - | - | — | 620 | — | — | 620 | ||
| Repurchase of shares | — | — | (2,922) | - | - | (195,617) | — | — | — | (195,617) | ||
| Shares withheld related to net settlement of equity awards | — | — | (217) | - | - | (12,993) | — | — | — | (12,993) | ||
| Vesting of restricted share grants | — | 441 | — | - | 5 | — | (5) | — | — | — | ||
| Exercise of options | — | 137 | — | - | 2 | — | 1,218 | — | — | 1,220 | ||
| Other comprehensive loss | — | — | — | - | - | — | — | (9,663) | — | (9,663) | ||
| Share-based compensation | — | — | — | - | - | — | 20,443 | — | — | 20,443 | ||
| Issuance of stock in connection with the acquisition of Amundi US(1) | 19,742 | 3,293 | — | 197 | 33 | — | 1,328,109 | — | — | 1,328,339 | ||
| Forfeiture of stock in connection with the acquisition of Amundi US(2) | (44) | 44 | (44) | - | - | (2,542) | 184 | — | — | (2,358) | ||
| Conversion of common stock to preferred stock(3) | 239 | — | (239) | 2 | — | — | (2) | — | — | |||
| Dividends declared | — | — | — | - | - | — | — | — | (156,961) | (156,961) | ||
| Net income | — | — | — | - | - | — | — | — | 330,062 | 330,062 | ||
| Balance, December 31, 2025 | 19,937 | 87,867 | (23,717) | $199 | $879 | $(786,008) | $2,102,938 | $9,020 | $1,097,701 | $2,424,729 | ||
1)During the second quarter of 2025, in exchange for the contribution of all the shares of the Amundi US to the Company, the Company issued to Amundi 3,293,471 newly issued shares of Common Stock, representing 4.9% of the number of issued and outstanding shares of Common Stock after giving effect to such issuance, and 19,742,300 newly issued shares of Preferred stock, which, together with the shares of Common stock issued to Amundi represented in the aggregate 26.1% of the Company’s fully diluted shares after giving effect to such share issuances. The Preferred stock issued to Amundi includes 14,305,982 shares issued on April 1, 2025 and 5,436,318 shares issued on May 23, 2025 as a true up payment in respect of client consents obtained in the 30 days following the Closing.
(2)On August 1, 2025, in accordance with the terms of the Contribution Agreement, Amundi forfeited its beneficial ownership of 44,026 shares of Preferred stock as a result of a post-closing adjustment to the amount of Preferred stock received by Amundi at the closing of the transaction.
(3)Pursuant tothe terms set forth in the Shareholder Agreement, the Company issued to Amundi shares of Preferred stock in exchange for an equal number of shares of Common stock.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.