Icahn Enterprises announces estimated indicative NAV $4.76B as of Dec. 31

Icahn Enterprises is also announcing estimated indicative Net Asset Value of $4.76B as of December 31, 2023, a decrease of approximately $411M, with underperformance driven primarily by the investment funds and the return of capital to unitholders. In addition, IEP is announcing its intention to again declare a $1.00 per depositary unit distribution for Q4 2023, which represents a 19% annualized yield based on the closing price on February 16, 2024, and unitholders will continue to have the right to elect whether to receive cash or additional depositary units.