Abacus Global Management, Inc. filed a Form 8-K on August 13, 2026, disclosing that its Board of Directors authorized a $100 million stock repurchase program set to commence August 17, 2026, and run through May 6, 2028.

Key Highlights

  • Program size: The Board authorized the purchase of up to $100 million of the company's common stock.
  • Start date: The Stock Repurchase Program commences August 17, 2026.
  • Expiration: The program runs until May 6, 2028.
  • Purchase methods: Repurchases may occur in the open market or in privately negotiated transactions, including accelerated share repurchase transactions, block trades, and Rule 10b5-1 trading plans.
  • Authorization body: The Board of Directors approved the program on August 13, 2026.

Abacus Global Management Board Approves Open-Market and Negotiated Share Repurchases

According to the filing, Abacus Global Management, Inc. (NYSE:ABX), a Delaware corporation headquartered in Orlando, Florida, reported that its Board of Directors authorized and approved a new Stock Repurchase Program on August 13, 2026. The program authorizes the purchase of up to $100 million of the company's common stock from August 17, 2026, through May 6, 2028.

The filing disclosed that repurchases may be executed through a variety of methods, including open market purchases, privately negotiated transactions, accelerated share repurchase transactions, block trades, and Rule 10b5-1 trading plans. The company described these as occurring "from time to time," indicating no fixed schedule is mandated by the authorization.

The company also issued a press release on August 13, 2026, announcing the program, which was included as Exhibit 99.1 to the current report. The filing was signed by Jay Jackson, Chief Executive Officer. The company noted, as required, that the information disclosed under Item 7.01 and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that section unless expressly incorporated by specific reference in a subsequent filing.

What Was Disclosed

Abacus Global Management disclosed a Board-approved $100 million stock repurchase program commencing August 17, 2026, and expiring May 6, 2028, allowing buybacks through multiple transaction methods in the open market or privately negotiated dealings.