Abacus Global Management Announces $20 Million Share Repurchase Program
Globenewswire·2026-01-30 22:10

Core Viewpoint - The Board of Directors of Abacus Global Management has authorized a $20 million share repurchase program, reflecting confidence in the company's long-term business model and financial strength [1][2]. Group 1: Share Repurchase Program - The $20 million share repurchase program is part of the company's capital allocation strategy, effective January 30, 2026 [1]. - The program aims to enable shareholders to benefit from strong and sustainable earnings while positioning the company for continued growth [2]. - Funding for the share repurchase will come from cash on hand and free cash flow [2]. Group 2: Company Overview - Abacus Global Management is a leader in the alternative asset management industry, focusing on longevity-based assets and personalized financial planning [3]. - The company utilizes proprietary data analytics and industry expertise to deliver innovative financial solutions for individuals and institutions [3].

Abacus Global Management Announces $20 Million Share Repurchase Program - Reportify