Aflac Incorporated Announces Increase in Shares Authorized for Repurchase

Core Points - Aflac Incorporated's Board of Directors has authorized the purchase of up to 100 million shares of its common stock, increasing the total number of shares available for repurchase to approximately 130.9 million [1] - The company plans to conduct the share repurchase in open market or negotiated transactions based on market conditions [1] Company Overview - Aflac Incorporated is a Fortune 500 company providing financial protection and peace of mind for nearly seven decades to millions of policyholders and customers through its subsidiaries in the U.S. and Japan [2] - In the U.S., Aflac is the leading provider of supplemental health insurance products, while in Japan, it is the top provider of cancer and medical insurance in terms of policies in force [2] - The company has been recognized as one of the World's Most Ethical Companies for 19 consecutive years and has been included in Fortune's World's Most Admired Companies for 24 years [2] - Aflac became a signatory of the Principles for Responsible Investment in 2021 and has been part of the Dow Jones Sustainability North America Index for 11 years [2]