The insurer will buy back up to $2.5 billion in common stock starting August 15, 2026, under an existing plan.
Globe Life Inc. authorized a $2.5 billion stock buyback program, set to begin August 15, 2026. The repurchase plan falls under the company’s existing share repurchase framework.
The board of directors approved the new authorization, which allows the insurer to repurchase shares over time. No prior buyback amount was disclosed for comparison.
The announcement did not specify immediate market reaction or timing for the repurchases.