Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER

MATTERS, AND ISSUER PURCHASES OF EQUITY SECURITIES.

Shares of our common stock are listed on the NYSE under the symbol "KKR."

The number of holders of record of our common stock as of February 24, 2026 was 39. This does not include the number

of stockholders that hold shares in "street-name" through banks or broker-dealers.

Dividend Policy

Under our current dividend policy for common stock that we announced on February 5, 2026, we expect to pay our

common stockholders an annualized dividend of $0.78 per share of common stock, equal to a quarterly dividend of $0.195

per share of common stock, beginning with the dividend expected to be declared with respect to the first quarter of 2026. On

February 5, 2026, we declared a regular dividend of $0.185 per share of common stock under our prior dividend policy for the

three months ended December 31, 2025, payable on March 3, 2026 to common stockholders of record as of the close of

business on February 17, 2026.

Because we make our investment in our business through a holding company structure and the applicable holding

companies do not own any material cash-generating assets other than their direct and indirect holdings in KKR Group

Partnership Units, dividends are expected to be funded in the following manner:

• KKR Group Partnership will make distributions to holders of KKR Group Partnership Units, which consists of our

wholly-owned corporate subsidiaries (one of which, KKR Group Holdings Corp., acts as the general partner of KKR

Group Partnership), KKR Holdings II and KKR Holdings III, in proportion to their percentage interests in KKR Group

Partnership;

• Second, our wholly-owned corporate subsidiaries will distribute to us the amount of any distributions that they

receive from KKR Group Partnership, after deducting any applicable taxes; and

• Third, we will distribute to holders of our common stock and Series D Mandatory Convertible Preferred Stock the

amount of dividends declared by our Board of Directors from the distributions that we receive from our wholly-

owned corporate subsidiaries.

The limited partnership agreement of KKR Group Partnership provides for cash distributions, which are referred to as

"tax distributions," to the partners of the partnership if we determine that the taxable income of the partnership will give rise

to taxable income for its partners, including holders of restricted holdings units who are limited partners of KKR Holdings II

and KKR Holdings III. KKR Group Partnership may make tax distributions in the future, from time to time, to provide

distributions to pay for any U.S. or non-U.S. tax liabilities of the partners of KKR Holdings II and KKR Holdings III.

The declaration and payment of any dividends to holders of our common stock, holders of our Series D Convertible

Preferred Stockholders, or holders of any preferred stock which may be issued in the future are subject to the discretion of

our Board of Directors, which may change our dividend policy at any time or from time to time, and the terms of our

certificate of incorporation. There can be no assurance that dividends will be made as intended or at all or that any particular

dividend policy will be maintained. Furthermore, the declaration and payment of distributions and dividends is subject to

legal, contractual and regulatory restrictions on the payment of dividends and distributions by us or our subsidiaries, including

restrictions contained in our debt agreements, the terms of our preferred stock and such other factors as the Board of

Directors considers relevant including, among others: our available cash and current and anticipated cash needs, including

funding of investment commitments and debt service and future debt repayment obligations; general economic and business

conditions; our strategic plans and prospects; our results of operations and financial condition; and our capital requirements.

See "Management's Discussion and Analysis of Financial Condition and Results of Operations—Liquidity—Sources of

Liquidity." In addition, under Section 170 of the Delaware General Corporation Law (“DGCL”), our Board of Directors may only

declare and pay dividends either out of our surplus (as defined in DGCL) or in case there is no such surplus, out of our net

profits.

Share Repurchases in the Fourth Quarter of 2025

Under our current share repurchase program, KKR is authorized to repurchase its common stock from time to time in

open market transactions, in privately negotiated transactions or otherwise. The timing, manner, price, and amount of any

common stock repurchases will be determined by KKR in its discretion and will depend on a variety of factors, including legal

requirements, price, and economic and market conditions. KKR expects that the program, which has no expiration date, will

continue to be in effect until the maximum approved dollar amount has been used. The program does not require KKR to

repurchase any specific number of shares of common stock, and the program may be suspended, extended, modified, or

discontinued at any time. In addition to the repurchases of common stock described above, the repurchase program is used

for the retirement (by cash settlement or the payment of tax withholding amounts upon net settlement) of equity awards

issued pursuant to our Equity Incentive Plan representing the right to receive shares of common stock.

As of January 30, 2026, there is approximately $439 million remaining under KKR's share repurchase program.

The table below sets forth the information with respect to repurchases made by or on behalf of KKR & Co. Inc. or any

"affiliated purchaser" (as defined in Rule 10b-18(a)(3) under the Exchange Act) of our common stock for the periods

presented. During the fourth quarter of 2025, no shares of common stock were repurchased, and 141,119 equity awards

were retired.

Issuer Purchases of Common Stock
(amounts in thousands, except share and per share amounts)
	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)
Month #1 (October 1, 2025 to October 31, 2025)	—		$—		—		$439,640
Month #2 (November 1, 2025 to November 30, 2025)	—		$—		—		$439,236
Month #3 (December 1, 2025 to December 31, 2025)	—		$—		—		$439,186
Total through December 31, 2025	—				—		$439,186

(1)As previously announced in April 2024, the share repurchase program was amended such that when the remaining available amount under the share

repurchase program becomes $50 million or less (the “Share Repurchase Program Increase Threshold”), the total available amount under the share

repurchase program would automatically add an additional $500 million to the then remaining available amount of $50 million or less. The Share

Repurchase Program Increase Threshold was reached during the second quarter of 2025, and the share repurchase program total available amount

increased by $500 million. Any additional increases to this remaining available amount would require a separate approval by the Board of Directors of KKR

& Co. Inc.