Aflac Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

WBAG:AFL Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
07 Aug 24	Sell€181,030	Thomas Kenny	Individual	2,000	€90.51
20 Mar 24	Sell€389,722	Thomas Kenny	Individual	5,000	€77.94
14 Mar 24	Sell€612,152	Albert Riggieri	Individual	8,000	€76.52
22 Feb 24	Sell€221,139	Arthur Collins	Individual	3,000	€73.71
06 Feb 24	Buy€71,909	Karole Lloyd	Individual	1,000	€71.92
05 Feb 24	Buy€106,282	William Bowers	Individual	1,500	€70.85

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of AFL?
Owner Type	Number of Shares	Ownership Percentage
State or Government	544,178	0.098%
Individual Insiders	4,185,901	0.753%
General Public	166,850,514	30%
Institutions	383,947,824	69.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 48.29% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.41%	Japan Post Holdings Co., Ltd., Asset Management Arm	52,300,000	€5.1b	0%	87.77%
9.12%	The Vanguard Group, Inc.	50,687,023	€4.9b	-1%	0.07%
7.58%	BlackRock, Inc.	42,106,873	€4.1b	5.11%	0.07%
4.6%	State Street Global Advisors, Inc.	25,537,165	€2.5b	-1.08%	0.09%
2.75%	Wells Fargo & Company, Securities and Brokerage Investments	15,251,763	€1.5b	-2.89%	0.47%
2.19%	Geode Capital Management, LLC	12,176,951	€1.2b	-1.45%	0.09%
1.3%	UBS Asset Management AG	7,226,641	€700.0m	14.9%	0.07%
1.07%	Northern Trust Global Investments	5,938,261	€575.2m	-7.08%	0.09%
0.94%	Legal & General Investment Management Limited	5,245,429	€508.1m	-3.78%	0.09%
0.88%	First Trust Advisors LP	4,896,271	€474.2m	50.2%	0.4%
0.84%	Eaton Vance Management	4,656,689	€451.0m	0.6%	0.11%
0.84%	Morgan Stanley, Investment Banking and Brokerage Investments	4,656,039	€451.0m	-7.21%	0.05%
0.82%	AllianceBernstein L.P.	4,528,096	€438.6m	-5.73%	0.14%
0.74%	Dimensional Fund Advisors LP	4,090,801	€396.2m	-15%	0.06%
0.64%	BNY Asset Management	3,542,975	€343.2m	-1.85%	0.07%
0.61%	Norges Bank Investment Management	3,367,028	€326.1m	0%	0.03%
0.57%	Charles Schwab Investment Management, Inc.	3,179,562	€308.0m	-1.74%	0.05%
0.53%	Daniel Amos	2,956,025	€286.3m	-3.91%	no data
0.51%	Invesco Capital Management LLC	2,816,241	€272.8m	-2.14%	0.11%
0.51%	LSV Asset Management	2,806,300	€271.8m	-32.9%	0.56%
0.41%	Guinness Asset Management Ltd.	2,276,325	€220.5m	3.8%	2.51%
0.4%	Goldman Sachs Asset Management, L.P.	2,199,648	€213.1m	-8.34%	0.06%
0.36%	Bank of America Corporation, Asset Management Arm	2,004,031	€194.1m	34.5%	0.06%
0.36%	ProShare Advisors LLC	1,978,444	€191.6m	-10.9%	0.48%
0.33%	Deutsche Asset & Wealth Management	1,839,914	€178.2m	18.3%	0.05%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 14:05
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Aflac Incorporated is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ishan Majumdar	Baptista Research
Jay Gelb	Barclays
Alex Scott	Barclays