F&G Annuities & Life announced that its board has approved a new three-year stock repurchase program, effective March 16, under which the company may repurchase up to $100M of F&G common stock. Purchases may be made from time to time by the company in the open market at prevailing market prices or in privately negotiated transactions through March 31, 2029. The company’s existing stock repurchase authorization permits aggregate repurchases of up to $50M, of which approximately $32M remains available as of March 13, and that authorization is scheduled to expire on November 6.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FG:
