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AFLAC ( (AFL) ) has provided an update.
Aflac Incorporated experienced a challenging third quarter with net losses of $93 million due to foreign exchange-related issues, despite a 10.6% increase in adjusted earnings. Aflac Japan saw a 10.5% decline in net earned premiums, while Aflac U.S. reported a 2.8% rise, driven by improved sales. The company has focused on introducing new products in both markets, aiming to create long-term value for shareholders. Aflac also announced a $0.50 per share dividend and repurchased $500 million of its common shares.
See more insights into AFL stock on TipRanks’ Stock Analysis page.