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Recent Updates — BEN

July 31, 2026View Source ↗

Franklin Resources reported third-quarter net income of $171.5 million ($0.31 diluted EPS), down from $268.2 million in the prior quarter but up significantly from $92.3 million a year earlier. Adjusted diluted EPS was $0.72, compared to $0.71 previously and $0.49 last year. Assets under management reached a record $1.8 trillion, supported by $18.4 billion in long-term net inflows. The company also announced it will change its corporate name from Franklin Resources, Inc. to Franklin Templeton, Inc., effective August 17, 2026. This rebranding aligns the legal entity with its global brand identity without altering capital structure or voting rights. The firm operates in the asset management industry.

July 30, 2026View Source ↗

Franklin Resources entered into a Second Amended and Restated Credit Agreement on July 30, 2026, replacing its existing revolving credit facility with Bank of America. The new five-year facility provides $1.5 billion in aggregate commitments, extendable by up to $500 million, with maturity extended to July 30, 2031. As of the closing date, $700 million was outstanding under the agreement. The filing also confirms the termination of the original credit agreement, which had a scheduled maturity of April 30, 2030. Franklin Resources operates in the asset management industry.

July 23, 2026View Source ↗

Effective July 21, 2026, Franklin Resources, Inc. granted one-time special retention equity awards to CEO Jennifer M. Johnson, Co-President Daniel Gamba, Co-President Terrence J. Murphy, and Co-President/CFO Matthew Nicholls. Each award has a grant date fair value of approximately $15 million, consisting of 50% performance stock units with a three-year cliff vesting period and 50% time-based restricted stock units with a five-year cliff vesting period. Additionally, the Board allocated carry incentives to the CEO and Executive Chairman Gregory E. Johnson to align compensation with the performance of the company's private markets and alternative strategy platforms. Franklin Resources, Inc. is an asset management company.

April 28, 2026View Source ↗

Franklin Resources, Inc. announced its financial results for the second fiscal quarter ended March 31, 2026, through a press release issued on April 28, 2026. This disclosure is a key event for investors as it provides the company's latest quarterly performance data and updates on its financial condition.

February 5, 2026View Source ↗

Franklin Resources, Inc. stockholders approved amendments to the company's employee stock and universal stock incentive plans, increasing the authorized share counts by 5 million and 25 million shares, respectively. The annual meeting also resulted in the election of 11 directors and the ratification of its independent auditor. These increases in authorized shares are significant for investors as they may lead to future equity dilution.