Aflac approves increase in share repurchase program

Aflac (AFL) announced that its Board of Directors has authorized the purchase of up to 100M shares of its common stock. This authorization is in addition to the 30.9M shares as of June 30 that remained under the November 8, 2022 authorization, bringing the total number of shares available for purchase to approximately 130.9M. The company anticipates that the repurchase of shares will be conducted from time to time in open market or negotiated transactions, depending on market conditions.