Abacus Global Management Announces $20 Million Share Repurchase Program

Abacus Global Management (NYSE: ABX) announced a $20 million share repurchase program, effective January 30, 2026, authorized by the Board of Directors as part of the company’s capital allocation framework.

Rhea-AI Summary

Abacus Global Management (NYSE: ABX) announced a $20 million share repurchase program, effective January 30, 2026, authorized by the Board of Directors as part of the company’s capital allocation framework.

The program will be funded through cash on hand and free cash flow and is described as reflecting Board confidence in the company’s long‑term model, recurring earnings, and capital strength while balancing investment in origination growth, technology, and acquisitions with returning capital to shareholders.

Positive

• $20 million share repurchase program authorized
• Repurchase effective January 30, 2026
• Program funded via cash on hand and free cash flow
• Board authorization signals confidence in long‑term strategy

Negative

• None.

Argus Feb 2 session

+8.05% close to close Open Argus

Details

News Market Reaction – ABX

In the Feb 2 session, ABX gained 8.05%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +8.1% in the session following this news. A strong positive reaction aligns with a c...

Analysis

The stock moved +8.1% in the session following this news. A strong positive reaction aligns with a capital-return announcement of a $20 million share repurchase program, especially with shares trading below the 200-day MA at 8.33 and 16.15% under the 52-week high. Prior growth and strategy updates in January saw mostly supportive price responses, suggesting investors had previously rewarded execution signals. However, without information on broader liquidity needs or future capital plans, sustainability of any sharp advance would depend on continued operational delivery.

Key Figures

Share repurchase size: $20 million Program effective date: January 30, 2026

Share repurchase size

$20 million

Board-authorized buyback program effective Jan 30, 2026

Program effective date

January 30, 2026

Start date of share repurchase authorization

Historical Context

3 past events · Latest: Jan 22

3 events

1. Jan 22

   Conference participation

   24h Move

   -0.1%

   Announcement of management participation in two early-2026 investor conferences.

2. Jan 08

   Shareholder letter

   24h Move

   +5.7%

   Shareholder letter detailing strong 2025 growth, guidance raise, and capital return plans.

3. Jan 06

   Strategy launch

   24h Move

   +0.7%

   Launch of asset-based finance strategy targeting diverse asset-backed investments.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

share repurchase program, free cash flow

2 terms

share repurchase program financial

"announced that its Board of Directors has authorized a $20 million share repurchase program"

A share repurchase program is when a company buys back its own shares from the marketplace. This reduces the total number of shares available, which can increase the value of each remaining share and signal confidence in the company's prospects. For investors, it often suggests that the company believes its stock is undervalued or that it has extra cash to return to shareholders.

free cash flow financial

"Abacus expects to fund the share repurchase program through cash on hand and free cash flow."

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

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~  Underscores the Board of Directors Confidence in the Company’s Long‑Term Business Model, Recurring Earnings, and Capital Strength ~

ORLANDO, Fla., Jan. 30, 2026 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus" or the "Company") (NYSE: ABX), a leader in the alternative asset management industry, today announced that its Board of Directors has authorized a $20 million share repurchase program, effective January 30, 2026, as a part of the Company’s capital allocation strategy framework.

“This authorization reflects our confidence in the Company’s long-term strategy, financial strength, and future growth prospects,” said Jay Jackson, Chairman and Chief Executive Officer. “Additionally, this program further positions Abacus for continued growth while enabling shareholders to benefit directly from strong and sustainable earnings.”

Abacus expects to fund the share repurchase program through cash on hand and free cash flow. The Company’s capital allocation strategy is designed to balance continued investment in origination growth, technology, and acquisitions with the return of capital to shareholders through the share repurchase program.

About Abacus
Abacus Global Management (NYSE: ABX) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.

For more information, please visit www.abacusgm.com

Contacts:
Investor Relations

Robert F. Phillips – SVP Investor Relations and Corporate Affairs rob@abacusgm.com
(321) 290-1198

David Jackson – Managing Director of Investor Relations david@abacusgm.com
(321) 299-0716

Abacus Global Management Public Relations
press@abacusgm.com

FAQ

What did Abacus (ABX) announce about its share repurchase on January 30, 2026?

Abacus authorized a $20 million share repurchase program effective January 30, 2026. According to Abacus, the program is part of its capital allocation framework and aims to return capital while supporting growth investments in origination, technology, and acquisitions.

How will Abacus (ABX) fund the $20 million repurchase program?

Abacus plans to fund the repurchase using cash on hand and free cash flow. According to Abacus, this approach aligns with its capital allocation strategy to balance shareholder returns and ongoing investment in growth initiatives.

What does the $20 million buyback mean for ABX shareholders?

The buyback is intended to return capital and potentially increase shareholder value through reduced share count. According to Abacus, the program reflects Board confidence in recurring earnings and the company’s financial strength while balancing continued investment.

When does Abacus expect the $20 million repurchase program to begin and who authorized it?

The repurchase program is effective January 30, 2026 and was authorized by the Board of Directors. According to Abacus, the Board approved the program as part of the company’s capital allocation strategy framework.

How does the repurchase fit into Abacus’s broader capital allocation strategy?

The repurchase is part of a framework balancing returns and investment in growth areas like origination and technology. According to Abacus, the program aims to support continued growth while returning capital to shareholders.