Abacus Global Management Inc

Abacus Global Management Inc (ABL) News & Events

$8.470

-0.030 (-0.35%)At close

ABL News

ABL Events

12/19 08:20

Abacus Global Management Transfers Listing to NYSE

Abacus Global Management announced its plans to transfer the listing of its common stock to the New York Stock Exchange from the Nasdaq Stock Market. Abacus expects to begin trading as a NYSE listed company on or about December 30, 2025, and will commence trading under new ticker symbol "ABX". The Company's common stock will continue to trade under the ticker symbol "ABL" on Nasdaq until the close of market on December 29, 2025. In addition, the Company's 9.875% Fixed Rate Senior Notes due 2028 currently trading on Nasdaq under symbol "ABLLL" will transfer to NYSE and are expected to begin trading on or about December 30, 2025, under new ticker symbol "ABXL".

11/6 18:36

Abacus Global announces Q3 adjusted EPS of 24 cents, surpassing consensus estimate of 18 cents.

Reports Q3 revenue $62.98M, consensus $47.42M. The revenue increase was driven by continued growth in Abacus' Life Solutions and Longevity Funds segments and expanded asset management fees from recent acquisitions. "The third quarter represents our tenth consecutive quarter of earnings growth, driven by disciplined execution and robust demand for our longevity-based assets, uncorrelated to traditional markets at a time when investors are increasingly focused on diversification," said Jay Jackson, Chief Executive Officer of Abacus. "We are once again increasing our full-year 2025 expectations for adjusted earnings, now projecting year-over-year growth of 72 to 81%. Moreover, our acquisition of AccuQuote further expands and strengthens our financial services platform. Most recently, we achieved another key milestone with the sale of $50 million in securitized life insurance assets, structured as an investment-grade rated collateralized note to institutional investors. Together, these achievements reinforce our momentum, scalability, and visibility as we continue building a new asset class and creating long-term value for all Abacus stakeholders."

11/6 17:51

Abacus Global Launches $10 Million Stock Buyback Initiative

Abacus Global's board has authorized a $10M share repurchase program, effective November 6 as part of the company's capital allocation strategy framework.

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