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Abacus Global Management launches USD 100 million share buyback program

PUBT
Aug 13, 2026 at 08:07 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

Abacus Global Management has launched a USD 100 million share repurchase program effective August 17, 2026. This authorization follows approximately USD 80 million in stock buybacks executed under previous programs since December 2023. The company plans to fund this new initiative using free cash flow, balance sheet transactions, and existing cash reserves.

  • Abacus Global Management launched a USD 100 million share repurchase program starting Aug. 17, 2026. * Authorization follows about USD 80 million of common stock bought back under earlier programs since December 2023. * Funding planned from free cash flow, balance sheet transactions, supplemented by cash on hand. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Abacus Global Management Inc. published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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