Abacus Global jumps on $20 million buyback program
ReutersFeb 2, 2026 5:20 PM
Alternative asset manager Abacus Global Management's ABX.N shares jump 9.4% to $8.15
ABX late Friday announced $20 million share repurchase program
Buyback program to be funded through cash on hand and free cash flow
ABX has 97.8 million outstanding shares, per LSEG
All five brokerages covering the stock rate it "buy"; median PT $14 - data compiled by LSEG
As of last close, ABX stock down 12.9% YTD
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