F&G Annuities & Life Approves $100M Share Buyback

The NYSE-listed company plans to repurchase up to 3.1% of its outstanding shares.

Mar. 19, 2026 at 2:40am

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F&G Annuities & Life (NYSE:FG), a leading provider of fixed indexed annuities and life insurance products, announced that its board of directors has approved a $100 million share buyback program. The buyback authorization allows the company to repurchase up to 3.1% of its outstanding shares through open market purchases.

Why it matters

Share buybacks are often seen as a sign that a company's leadership believes its stock is undervalued. This move by F&G Annuities & Life could indicate confidence in the company's long-term prospects and a commitment to enhancing shareholder value.

The details

The share buyback plan was approved on March 16, 2026. F&G Annuities & Life plans to repurchase up to $100 million worth of its common stock through open market transactions. This represents approximately 3.1% of the company's total outstanding shares.

  • The share buyback plan was approved on March 16, 2026.

The players

F&G Annuities & Life

A leading provider of fixed indexed annuities and life insurance products, headquartered in Des Moines, Iowa.

Celina J. Wang Doka

A director at F&G Annuities & Life who recently purchased 4,760 shares of the company's stock.

Christopher O. Blunt

The CEO of F&G Annuities & Life who recently purchased 10,000 shares of the company's stock.

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What’s next

The company will begin repurchasing shares through open market transactions in the coming weeks and months.

The takeaway

F&G Annuities & Life's share buyback program signals confidence in the company's long-term prospects and a commitment to enhancing shareholder value, even as the stock has faced some recent headwinds.