Abacus Global Management, Inc.ABX
▲ PositiveCapitalrelevance
Authorizes $100 million share repurchase program, funded by cash on hand.

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.
Abacus Global Management, Inc.Authorizes $100 million share repurchase program, funded by cash on hand.