Lazard Inc.

Lazard Inc., founded in 1848, is a global financial advisory and asset management firm that specializes in M&A advisory, restructuring, and investment management. It earns revenue from advisory fees and asset management services provided to corporations, governments, and institutional investors. Under the leadership of CEO Kenneth M. Jacobs since 2009, the firm leverages its deep industry expertise and extensive global network. Lazard is now actively investing in growth initiatives including expansion in alternative asset management and technology integration.

Lazard has a Board-authorized $200 million share repurchase program (authorized July 2024, expiring December 31, 2026) with approximately $107.3 million of authorization remaining; the company purchased $91.0 million of common stock in the last fiscal year.