Aflac Launches $100 Million Share Buyback to Boost Shareholder Value and Ethical Practices

Aflac Reinforces Commitment to Shareholder Value and Ethical Practices

Aflac Incorporated, a leader in supplemental health insurance in the U.S. and a significant player in Japan's cancer and medical insurance market, announces a substantial new share repurchase program. On August 12, 2025, the company’s Board of Directors authorizes the buyback of up to 100 million shares of common stock. This move is a strategic enhancement to the previously authorized repurchase of 30.9 million shares, cumulatively allowing Aflac to repurchase approximately 130.9 million shares. The execution of these repurchases will primarily occur in the open market or through negotiated transactions, based on prevailing market conditions. This decision underscores Aflac’s dedication to enhancing shareholder value while maintaining a robust financial position.

The new share repurchase initiative reflects Aflac's ongoing strategy to leverage its strong cash flow and financial stability. As a company with nearly seven decades of experience in the insurance sector, Aflac has consistently prioritized both its policyholders and shareholders. The decision to increase share buybacks aligns with Aflac’s long-term commitment to delivering value to its investors while also reinforcing its reputation for ethical business practices. With a history of being recognized as one of the World's Most Ethical Companies for 19 consecutive years and being named one of Fortune's Most Admired Companies for 24 years, Aflac's integrity remains a cornerstone of its operational philosophy.

In addition to its focus on shareholder returns, Aflac maintains a strong commitment to corporate social responsibility and sustainability. The company became a signatory of the Principles for Responsible Investment (PRI) in 2021 and has been included in the Dow Jones Sustainability North America Index for 11 years as of 2024. These initiatives reflect Aflac’s dedication to addressing broader societal challenges while continuing to meet the insurance needs of its policyholders. As Aflac pursues its share repurchase program, it remains focused on balancing financial performance with ethical responsibility, ensuring that its long-standing reputation in the industry remains intact.

Aflac’s recent announcements highlight its proactive approach to enhancing shareholder value while underscoring its commitment to ethical business practices and sustainability. Investors can find further details on Aflac's initiatives and policies at investors.aflac.com under "Sustainability." The company also emphasizes the importance of forward-looking statements, noting that actual results may vary due to numerous factors, reinforcing the importance of informed investment decisions.