F&G Annuities & Life Launches $100 Million Three-Year Share Buyback Program
F&G Annuities & Life's Board approved a new three-year share repurchase program allowing up to $100 million of stock repurchases through March 31, 2029. This program replaces an existing $50 million authorization with $32 million still available and highlights management’s confidence in the diversified portfolio and capital position.
1. Board Approves New Repurchase Program
On March 16, 2026, F&G Annuities & Life’s Board of Directors authorized a new three-year share repurchase program permitting up to $100 million of common stock repurchases. Purchases may be executed in the open market at prevailing prices or through privately negotiated transactions through March 31, 2029.
2. Existing Authorization Status
The company’s prior repurchase plan authorized up to $50 million in stock buybacks, of which approximately $32 million remains available. That authorization is scheduled to expire on November 6, 2026.
3. Management Emphasizes Financial Strength
F&G achieved record assets under management before flow reinsurance, strong sales and solid investment performance over the past year. Management noted stable credit impairments, a high-quality diversified portfolio and ongoing transition toward a fee-based, higher-margin business model to enhance future value.