Aflac increases repurchase authorization by 40M shares, shares +1.1% AH

Aflac (AFL) nearly triples its share repurchase authorization, adding 40M shares to the remaining 16.9M shares under the prior authorization. If the new authorization is used in full, it would be good for reducing shares outstanding by 9.1%.

Aflac expects to repurchase $800M in shares in 2013 and $800M-$1B in 2014.

The company also recently hiked its quarterly dividend by 5.7%.

Shares +1.1% AH

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Comments (6)
  • AdamDivy
    , contributor
    Comments (413) | Send Message
    Good news!
    13 Nov 2013, 05:18 PM Reply Like
  • Daniel Caycedo
    , contributor
    Comments (52) | Send Message
    Love it
    13 Nov 2013, 06:43 PM Reply Like
  • Danarayga
    , contributor
    Comment (1) | Send Message
    Smart company
    13 Nov 2013, 08:27 PM Reply Like
  • JustNumbersOnaScreen
    , contributor
    Comments (114) | Send Message
    Maybe they could have only doubled their share repurchase and given us a bigger divi increase...
    13 Nov 2013, 10:48 PM Reply Like
  • mscottbone
    , contributor
    Comments (120) | Send Message
    I love owning a part of this company.
    14 Nov 2013, 02:06 AM Reply Like
  • Love_Aflac
    , contributor
    Comments (6) | Send Message
    I LOVE TOO!!
    14 Nov 2013, 08:13 AM Reply Like
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