F&G Annuities & Life Approves $100M Stock Buyback Program

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

Mar. 19, 2026 at 2:07am

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F&G Annuities & Life (NYSE:FG), a financial services company headquartered in Des Moines, Iowa, announced that its Board of Directors has initiated 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

Stock buyback programs are often seen as a sign that a company's board believes its shares are undervalued. This move by F&G Annuities & Life could indicate the company's confidence in its long-term prospects and its desire to enhance shareholder value.

The details

The $100 million buyback program was approved by F&G Annuities & Life's Board of Directors on Monday, March 16th. The company plans to repurchase its shares through open market transactions. This buyback authorization represents approximately 3.1% of F&G's outstanding shares.

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

The players

F&G Annuities & Life

A financial services company and the principal life insurance and annuity subsidiary of F&G Financial Group, Inc., a publicly traded holding company headquartered in Des Moines, Iowa.

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What’s next

The company has not provided a specific timeline for the completion of the buyback program.

The takeaway

F&G Annuities & Life's decision to initiate a $100 million stock buyback program suggests the company's confidence in its long-term growth prospects and its commitment to enhancing shareholder value.