Aflac Conference: Japan Sales Momentum, Broker-Led U.S. Growth and $4.8B in Dividends, Buybacks

2 weeks ago 15

MarketBeat

Mon, February 16, 2026 astatine 7:09 AM CST 8 min read

Aflac logo

Japan momentum: Aflac is driving maturation successful Japan with products aimed astatine younger customers—notably Tsumitasu, Miraito and Anshin Palette—while expanding slope and bureau organisation and utilizing complaint flexibility and higher JGB yields arsenic tailwinds.
U.S. broker-led growth: Brokers present correspond astir 80% of the U.S. marketplace and generated implicit 60% of Aflac’s U.S. income successful 2025, fueling radical merchandise maturation (overall radical +14%, LAD/PLADS +11%, dental & imaginativeness +48.8%) alongside higher cause conversion and tech/AI investments.
Capital returns first: Aflac returned astir $4.8 billion to shareholders successful 2025—including $3.5 billion of buybacks—prioritizes dividends and repurchases, is targeting an interior superior marker adjacent 10% (currently ~6%), and volition prosecute M&A lone selectively.
Interested successful Aflac Incorporated? Here are 5 stocks we similar better.

3 Insurance Stocks Hitting 52-Week Highs With More Room to Run

Aflac (NYSE:AFL) executives highlighted income momentum successful Japan and the United States, superior instrumentality priorities, and ongoing merchandise and organisation investments during a UBS lawsuit pursuing the company’s fourth-quarter results.

President Virgil Miller said helium was “very pleased” with Aflac’s 2025 performance, emphasizing that the institution operates successful “two of the largest security markets successful the world” and remains focused connected maturation portion maintaining subject connected expenses and profitability.

→ Amazon Bets Big connected BETA: Why Analysts See 50% Upside

4 Stocks Making New Highs Despite Market Weakness

Senior Vice President of Capital Markets David Young said Aflac continued to make and deploy currency travel consistently, pointing to a “record year” of stock repurchases and a agelong way grounds of dividend increases. Young said Aflac repurchased $3.5 cardinal of shares and extended its grounds to 43 consecutive years of dividend increases, totaling astir $4.8 cardinal returned to shareholders done dividends and repurchases.

Addressing Japan’s shrinking and aging population, Miller said the demographic situation is “not new” and argued that the company’s effect has been innovation successful some products and go-to-market strategy. He described Aflac arsenic a pioneer successful Japan’s “Third Sector” marketplace and said the institution continues to usage its crab franchise arsenic an “anchor,” portion expanding with newer offerings.

→ Cisco Systems Below $82? Buy Now, It Won’t Last—$182 Is Coming

Read Entire Article