Abacus Global Management Announces $10M Buyback Plan
Author: Benzinga Newsdesk | November 06, 2025 04:35pm
Abacus Global Management, Inc. ("Abacus" or the "Company") (NASDAQ:ABL), a leader in the alternative asset management industry, today announced that its Board of Directors has approved an annual cash dividend of $0.20 per share, to shareholders with an ex-dividend as of December 2, 2025. Under this program, the Company intends to distribute an annual dividend of up to 25% of adjusted net income or up to 55% of recurring revenue. In addition, the Board has authorized a $10 million share repurchase program, effective November 6, 2025, as part of the Company's capital allocation strategy framework.
Posted In: ABL