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News  ›  Benzinga

Abacus Global Management Enhances Shareholder Returns with Annual Dividend and $10 Million Share Repurchase Program

Benzinga Logo Benzinga By Globe Newswire
Abacus Global Management Enhances Shareholder Returns with Annual Dividend and $10 Million Share Repurchase Program

Abacus Global Management announced an annual cash dividend of $0.20 per share and a $10 million share repurchase program, demonstrating confidence in its long-term business model and strong financial performance.

Insights
ABL   positive

The company reported its strongest quarter to date, has record cash levels, increasing capital inflows, growing fee income, and is implementing a shareholder-friendly capital allocation strategy with dividend and buyback program