F&G Annuities Announces $100 Million Stock Repurchase Initiative

F&G Annuities & Life, Inc., headquartered in Des Moines, Iowa, has unveiled a new stock repurchase initiative. Approved by the Board of Directors, this program, effective from March 16, 2026, allows the repurchase of up to $100 million of its common stock over three years, ending March 31, 2029. Purchases may occur on the open market or via privately negotiated transactions, adhering to prevailing market prices.

This new authorization complements the existing repurchase program, which facilitates the buyback of $50 million in shares, with around $32 million remaining as of March 13, 2026. The ongoing program is scheduled to conclude on November 6, 2026. Chris Blunt, CEO of F&G, highlighted the strong financial results and adaptability of the business model, emphasizing a strategic pivot towards fee-based, higher-margin operations.

F&G remains committed to providing insurance solutions for retail annuity and life customers alongside institutional clients, positioning the company for future growth. For more details, stakeholders are encouraged to visit the company's website. The press release includes standard cautionary language on forward-looking statements, detailing risks such as economic conditions, market volatility, and regulatory changes. These are further outlined in F&G's SEC filings, with no obligation for updates as circumstances evolve.