Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market for Registrant’s Common Equity
Blue Owl Capital Inc.’s Class A Shares trade on the NYSE under the symbol “OWL.”
Holders of Record
As of February 13, 2026, there were 27 holders of record of our Class A Shares. This does not include the number of stockholders that hold shares in “street name” through banks or broker-dealers.
Performance Graph
The following graph depicts the total return of holders of our Class A Shares relative to the performance of the S&P 500 Index and the Dow Jones U.S. Asset Managers Index. The graph assumes an initial investment of $100 in our Class A Shares at market close on December 31, 2020, which was a trading day for Altimar (with which we merged in connection with the Business Combination), and that dividends were reinvested. For more information on our dividends and distributions, please see “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations — Dividends and Distributions.”
The performance graph is not intended to be indicative of future performance. The performance graph shall not be deemed “soliciting material” or to be “filed” with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act or the Exchange Act. Prior to the Business Combination Date, stock prices used for Blue Owl represent the trading activity for Altimar from December 31, 2020.
December 31,
2020 December 31,
2021 December 31,
2022 December 31,
2023 December 31,
2024 December 31,
2025
Blue Owl $100 $132 $98 $144 $233 $156
S&P 500 Index $100 $129 $105 $133 $166 $196
Dow Jones U.S. Asset Managers Index $100 $141 $110 $135 $187 $196
Unregistered Sales of Equity Securities and Use of Proceeds
None.
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Table of Contents
Share Repurchases in the Fourth Quarter of 2025
The table below presents purchases made by or on behalf of Blue Owl Capital Inc. or any “affiliated purchaser” (as defined in Rule 10b-18(a)(3) under the Exchange Act) of Class A Shares during each of the indicated periods:
(dollars in thousands, except per share data)
Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares That May Yet be Purchased Under the Plans or Programs(1)
Oct 1, 2025 - Oct 31, 2025 — — — $ 148,309
Nov 1, 2025 - Nov 30, 2025 3,452,236 $ 14.46 3,452,236 $ 98,309
Dec 1, 2025 - Dec 31, 2025 132,700 $ 15.07 132,700 $ 96,306
Total 3,584,936 3,584,936
(1) In February 2025, Blue Owl’s Board authorized the 2025 Program (as defined in Note 1 to our Financial Statements). Under the 2025 Program, up to $150.0 million of Class A Share repurchases could be made from time to time in open market transactions, in privately negotiated transactions or otherwise. The timing and the actual number of shares repurchased will depend on a variety of factors, including legal requirements, price and economic and market conditions. The 2025 Program may be changed, suspended or discontinued at any time and will terminate upon the earlier of (i) the purchase of all shares available under the 2025 Program and (ii) February 28, 2027.
Item 6. [Reserved]