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Lazard Ltd (LAZ.N)

LAZ.N on New York Stock Exchange

34.80USD
24 Jun 2019
Change (% chg)

$-0.86 (-2.41%)
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$35.66
Open
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$34.76
Volume
389,522
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257,881
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$54.64
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$31.07

Latest Key Developments (Source: Significant Developments)

Lazard Ltd Files For Potential Mixed Shelf Offering Size Not Disclosed
Tuesday, 30 Apr 2019 04:52pm EDT 

April 30 (Reuters) - Lazard Ltd ::LAZARD LTD FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

Lazard Reports First Quarter GAAP Earnings Per Share Of $0.80
Thursday, 25 Apr 2019 06:49am EDT 

April 25 (Reuters) - Lazard Ltd ::REPORTS FIRST-QUARTER 2019 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.87.Q1 REVENUE $620 MILLION VERSUS REFINITIV IBES ESTIMATE OF $589.1 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.65 -- REFINITIV IBES DATA.Q1 GAAP EARNINGS PER SHARE $0.80.AUM AS OF MARCH 31, 2019, WAS $235 BILLION, UP 9% FROM DECEMBER 31, 2018, AND DOWN 7% FROM MARCH 31, 2018.QTRLY FINANCIAL ADVISORY OPERATING REVENUE WAS $330 MILLION, 15% LOWER THAN Q1 OF 2018.DURING OR SINCE Q1 OF 2019 ENGAGED IN A BROAD RANGE OF HIGHLY VISIBLE AND COMPLEX RESTRUCTURING.  Full Article

Lazard Ltd Chairman And CEO's 2018 Total Compensation Was $11.5 Million Versus $11.7 Million In 2017 - SEC Filing
Friday, 15 Mar 2019 05:15pm EDT 

March 15 (Reuters) - Lazard Ltd ::LAZARD LTD - KENNETH M. JACOBS, CHAIRMAN AND CEO'S 2018 TOTAL COMPENSATION WAS $11.5 MILLION VERSUS $11.7 MILLION IN 2017 - SEC FILING.LAZARD LTD - CEO OF LAZARD ASSET MANAGEMENT ASHISH BHUTANI'S 2018 TOTAL COMPENSATION WAS $10.12 MILLION VERSUS $10.08 MILLION IN 2017.LAZARD LTD - RATIO OF CEO’S ANNUAL TOTAL COMPENSATION TO MEDIAN ANNUAL TOTAL COMPENSATION OF ALL EMPLOYEES (EXCLUDING CEO) FOR 2018 IS 60 TO 1.  Full Article

Lazard World Dividend & Income Fund Announces Tender Offer
Tuesday, 19 Feb 2019 08:08pm EST 

Feb 19 (Reuters) - Lazard World Dividend and Income Fund Inc ::LAZARD WORLD DIVIDEND & INCOME FUND ANNOUNCES TENDER OFFER IN CONNECTION WITH ITS PROPOSED REORGANIZATION INTO LAZARD GLOBAL TOTAL RETURN AND INCOME FUND.LAZARD WORLD DIVIDEND AND INCOME FUND- HAS APPROVED CONDITIONAL ONE-TIME TENDER OFFER TO ACQUIRE, IN EXCHANGE FOR CASH, UP TO 20% OF LOR'S SHARES OF STOCK.LAZARD WORLD DIVIDEND AND INCOME FUND- ACQUISITION PRICE IS EQUAL TO 98% OF LOR'S NET ASSET VALUE ("NAV") PER SHARE.  Full Article

Lazard Ltd - Beginning February, Intends To Start Reporting Preliminary AUM Of Company's Asset Management Business On A Monthly Basis
Tuesday, 5 Feb 2019 07:21am EST 

Feb 5 (Reuters) - Lazard Ltd ::LAZARD LTD - BEGINNING FEBRUARY , INTENDS TO START REPORTING PRELIMINARY AUM OF COMPANY'S ASSET MANAGEMENT BUSINESS ON A MONTHLY BASIS.LAZARD LTD - CURRENTLY EXPECTS TO ISSUE A PRESS RELEASE INCLUDING AUM INFORMATION ON OR AROUND EIGHTH BUSINESS DAY OF EACH MONTH..  Full Article

Lazard Announces Closing Of Senior Notes Offering
Wednesday, 19 Sep 2018 05:00pm EDT 

Sept 19 (Reuters) - Lazard Ltd ::LAZARD ANNOUNCES CLOSING OF SENIOR NOTES OFFERING.  Full Article

Lazard Q2 Adjusted Earnings Per Share $1.10 Excluding Items
Thursday, 26 Jul 2018 06:49am EDT 

Lazard Ltd ::REPORTS SECOND-QUARTER AND FIRST-HALF 2018 RESULTS.Q2 REVENUE $741 MILLION VERSUS I/B/E/S VIEW $667.6 MILLION.Q2 ADJUSTED EARNINGS PER SHARE $1.10 EXCLUDING ITEMS.Q2 GAAP EARNINGS PER SHARE $1.13.Q2 EARNINGS PER SHARE VIEW $0.92 -- THOMSON REUTERS I/B/E/S.AUM AS OF JUNE 30, 2018, WAS $238 BILLION, UP 5% FROM JUNE 30, 2017, AND DOWN 6% FROM MARCH 31, 2018.  Full Article

Lazard Ltd Reports Q1 GAAP Earnings Per Share $1.21
Thursday, 26 Apr 2018 06:49am EDT 

April 26 (Reuters) - Lazard Ltd ::REPORTS FIRST-QUARTER 2018 RESULTS.Q1 REVENUE $724 MILLION VERSUS I/B/E/S VIEW $653 MILLION.Q1 ADJUSTED EARNINGS PER SHARE $1.26 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $1.21.Q1 EARNINGS PER SHARE VIEW $1.04 -- THOMSON REUTERS I/B/E/S.AUM AS OF MARCH 31, 2018, WAS $252 BILLION, UP 17% FROM MARCH 31, 2017.FINANCIAL ADVISORY OPERATING REVENUE WAS A FIRST-QUARTER RECORD OF $389 MILLION FOR 2018, 16% HIGHER THAN THE FIRST QUARTER OF 2017.SEQUENTIAL INCREASE IN AUM AS OF MARCH 31, 2018 WAS PRIMARILY DRIVEN BY NET INFLOWS OF $2.4 BILLION.ASSET MANAGEMENT OPERATING REVENUE WAS A FIRST-QUARTER RECORD OF $330 MILLION FOR 2018, 18% HIGHER THAN FIRST QUARTER OF 2017.ON APRIL 25, BOARD AUTHORIZED ADDITIONAL SHARE REPURCHASES OF UP TO $300 MILLION, WHICH EXPIRES AS OF DECEMBER 31, 2020.AS OF MARCH 31, 2018, CO'S CASH AND CASH EQUIVALENTS WERE $962 MILLION.  Full Article

Lazard Increases Quarterly Dividend To $0.44 Per Share
Wednesday, 25 Apr 2018 04:30pm EDT 

Lazard Ltd ::LAZARD INCREASES QUARTERLY DIVIDEND TO $0.44 PER SHARE.INCREASES QUARTERLY DIVIDEND BY 7 PERCENT.  Full Article

David Gibson Joins Lazard Asset Management As Managing Director
Tuesday, 10 Apr 2018 06:49am EDT 

April 10 (Reuters) - Lazard Ltd ::DAVID GIBSON JOINS LAZARD ASSET MANAGEMENT AS MANAGING DIRECTOR.NEUTRAL EQUITY INVESTMENT STRATEGY IN SECOND HALF OF 2018.MOST RECENTLY GIBSON SERVED AS MANAGING PARTNER AT ASSIDUOUS INVESTMENTS LLC.  Full Article

UPDATE 1-MOVES-Lalo leaves Lazard

LONDON, June 20 (IFR) - Sovereign advisory expert Eric Lalo has stepped down after 30 years at Lazard, resigning from his position as managing director at the end of March and deciding on future plans after summer.