Assured Guaranty repurchased $130M in shares at $83.70 average in H1 2026
Company executes $130M in buybacks in first half of 2026; $121M remains authorized under $6B program launched in 2013
What the filing says
Assured Guaranty Ltd. (NYSE: AGO) repurchased 1.559 million common shares for an aggregate of $130 million during the first half of 2026, at an average price of $83.70 per share. The repurchases were executed through open-market purchases and are part of the company's broader capital management strategy, which also included $17 million in dividends returned to shareholders in Q2 2026.
Since launching its share repurchase program in 2013, the company has returned a cumulative $6 billion to shareholders and repurchased 81% of the shares outstanding at the program's inception. As of August 5, 2026, the company had $121 million remaining under its authorization to continue repurchases. The timing, form and amount of future repurchases will depend on factors including capital adequacy, alternative uses for capital, regulatory and rating agency considerations, market conditions, and cash availability at the parent company.
Since the launch of its share repurchase program in 2013, the Company has returned $6 billion of capital to shareholders, having repurchased 81% of its common shares outstanding at the beginning of the program. — ASSURED GUARANTY LTD 8-K filing · View on SEC EDGAR →
What this means
Frequently asked questions
- How much has Assured Guaranty returned to shareholders through repurchases since 2013?
- Since launching its share repurchase program in 2013, Assured Guaranty has returned $6 billion of capital to shareholders and repurchased 81% of the common shares that were outstanding at the beginning of the program.
- What was the average price paid per share in the first half of 2026?
- In the first half of 2026, Assured Guaranty repurchased 1.559 million shares at an average price of $83.70 per share across three periods: Q1 at $85.58, Q2 at $80.68, and July 1–August 5 at $83.78.
- How much authorization remains under the repurchase program?
- As of August 5, 2026, the company had $121 million remaining under its authorization to repurchase shares. The company evaluates capital uses quarterly and determines buyback timing and amount at its discretion.
- What factors influence the company's future repurchase decisions?
- Future share repurchases will depend on alternative uses for capital, regulatory capital position, rating agency capital requirements, market conditions, cash availability at the parent company, and legal constraints. The company balances buybacks against growth opportunities and capital preservation needs.
- Were repurchases part of Assured Guaranty's Q2 2026 capital return?
- Yes, the company returned $62 million to shareholders in Q2 2026, consisting of $45 million in share repurchases and $17 million in dividends. This reflects the company's commitment to systematic capital return while managing its financial position.
- How do share repurchases affect Assured Guaranty's per-share metrics?
- Share repurchases reduce the outstanding share count and can accrete to per-share financial metrics. The company reported that shareholders' equity per share increased from $125.32 at year-end 2025 to $126.18 at June 30, 2026, with repurchases contributing to this increase alongside net income.