Globe Life Inc. (GL) stock surged 5.16% in pre-market trading on Friday, following the release of its strong first-quarter 2025 earnings report. The company's robust financial performance and continued commitment to shareholder returns through its share repurchase program have bolstered investor confidence.

The insurance provider reported a 10% increase in net operating income, reaching $259 million or $3.07 per share, slightly exceeding internal projections. Life insurance premium revenue grew by 3% to $830 million, with a noteworthy 9% increase in life underwriting margin. The company also saw an 8% growth in health insurance premium revenue, although this was partially offset by higher claim costs.

Investors were particularly encouraged by Globe Life's aggressive share repurchase program. During the first quarter, the company bought back approximately 1.5 million shares for $177 million at an average price of $121.70 per share. This, combined with dividend payments, resulted in a total return of $197 million to shareholders. The company's commitment to capital return, along with its strong financial position, appears to be driving the stock's upward movement.