Ambac authorizes share repurchase program

New york--(business wire)--ambac financial group, inc. (nyse: ambc) (“ambac” or “afg”), a financial services holding company, announces that its board of directors has approved a share repurchase program, under which ambac may opportunistically repurchase up to $20 million of the company's common shares at management's discretion over the period ending on march 31, 2024. under the share repurchase program, shares may be repurchased from time to time in the open market or negotiated transactions
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