F&G Annuities & Life Announces New Three-Year $100 Million Share Repurchase Program
The new authorization permits up to $100 million in buybacks alongside approximately $12 million remaining under the existing program.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
F&G Annuities & Life (NYSE: FG) approved a new three-year share repurchase program effective November 5, 2026.
The authorization allows repurchases of up to $100 million of common stock through November 30, 2029. Purchases may occur in the open market at prevailing prices or through privately negotiated transactions. The existing authorization permits aggregate repurchases of up to $100 million, with approximately $12 million remaining as of November 5, 2026, and is scheduled to expire March 31, 2029.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate point. Forward-looking: it has not happened yet and may not happen.New three-year authorization permits up to $100 million in common-stock repurchases through November 30, 2029. 3.5% of market cap
- Minor pointExisting buyback authorization retains approximately $12 million as of November 5, 2026, expiring March 31, 2029.
Negative
- None.
Key Figures
- New repurchase authorization
- Up to $100 million
- New three-year program
- New program expiration
- November 30, 2029
- Purchases may be made through this date
- Existing authorization
- Up to $100 million
- Aggregate repurchase authorization
- Existing authorization remaining
- Approximately $12 million
- Available as of November 5, 2026
- Existing authorization expiration
- March 31, 2029
- Scheduled expiration
Previous Buybacks Reports
-
Prior notice authorized $100 million for three years; current notice updates remaining capacity and expiry terms.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Company's existing stock repurchase authorization permits aggregate repurchases of up to
About F&G
F&G Annuities & Life, Inc. is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.
Forward-Looking Statements and Risk Factors
This press release contains forward-looking statements that are subject to known and unknown risks and uncertainties, many of which are beyond our control. Some of the forward-looking statements can be identified by the use of terms such as "believes", "expects", "may", "will", "could", "seeks", "intends", "plans", "estimates", "anticipates" or other comparable terms. Statements that are not historical facts, including statements regarding our expectations, hopes, intentions or strategies regarding the future are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: general economic conditions and other factors, including prevailing interest and unemployment rate levels and stock and credit market performance; consumer spending; government spending; the volatility and strength of the capital markets; investor and consumer confidence; foreign currency exchange rates; commodity prices; inflation levels; changes in trade policy; tariffs and trade sanctions on goods; trade wars; supply chain disruptions; natural disasters, public health crises, international tensions and conflicts, geopolitical events, terrorist acts, labor strikes, political crisis, accidents and other events; concentration in certain states for distribution of our products; the impact of interest rate fluctuations; equity market volatility or disruption; the impact of credit risk of our counterparties; changes in our assumptions and estimates regarding amortization of our deferred acquisition costs, deferred sales inducements and value of business acquired balances; regulatory changes or actions, including those relating to regulation of financial services affecting (among other things) underwriting of insurance products and regulation of the sale, underwriting and pricing of products and minimum capitalization and statutory reserve requirements for insurance companies, or the ability of our insurance subsidiaries to make cash distributions to us; and other factors discussed in "Risk Factors" and other sections of F&G's Form 10-K and other filings with the Securities and Exchange Commission (SEC).
Contact:
Lisa Foxworthy-Parker
SVP of Investor & External Relations
Investor.relations@fglife.com
515.330.3307
View original content:https://www.prnewswire.com/news-releases/fg-annuities--life-announces-new-three-year-100-million-share-repurchase-program-302931545.html
SOURCE F&G Annuities & Life, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.