Abacus Global Authorizes $100 Million Share Repurchase Program

Corporate Action
โดย RTTNews·Read original
Summary · why it matters

Abacus Global Management has authorized a $100 million share repurchase program, commencing August 17. The board's decision aligns with the company's capital allocation framework. CEO Jay Jackson said the authorization reflects confidence in the company's vision, business model, and ability to generate attractive returns on capital. Abacus expects to fund the repurchase program through cash on hand.

Impact on stocks 1

Financials · 1 stocks