FG Nexus Repurchases 7 Million Shares Under Buyback Mandate

FG Nexus repurchased 7 million shares under its buyback mandate. The company's diverse business activities include reinsurance, asset management, merchant banking, and managed services. Its reinsurance segment consists of FG Reinsurance Ltd, while the merchant banking segment includes strategic and administrative support services to special purpose acquisition companies. The managed services segment provides comprehensive managed service offerings to cinema operators and entertainment venues nationwide.