other material
confidence high
sentiment positive
materiality 0.50
Abacus Global Management authorizes $100M share repurchase program
Abacus Global Management, Inc.
- Board authorized $100M share repurchase program, effective Aug 17, 2026, through May 6, 2028.
- Repurchases may occur via open market, private deals, ASR, block trades, or 10b5-1 plans.
- Company repurchased ~$80M of stock under prior programs since December 2023.
- CEO Jay Jackson cites confidence in vision; funding from free cash flow and balance sheet proceeds.