Aflac (AFL) Stock Buyback History
TTM buyback yield 6.04% · Shareholder yield (TTM) 6.04%.
Aflac
AFL
TTM buyback yield
6.04%
Shareholder yield (TTM)
6.04%
5Y share count change
-25.7%
TTM buyback spend
$3.53B
SBC coverage (TTM)
126.07x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 126.07x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $3.53B | $0.00 | $3.53B | 0.53B | -5.8% | 6.04% |
| 2024 | $2.80B | $0.00 | $2.80B | 0.57B | -5.6% | 4.85% |
| 2023 | $2.80B | $0.00 | $2.80B | 0.60B | -6.1% | 5.83% |
| 2022 | $2.40B | $0.00 | $2.40B | 0.64B | -5.8% | 5.38% |
| 2021 | $2.30B | $0.00 | $2.30B | 0.68B | -5.5% | 5.98% |
| 2020 | $1.54B | $0.00 | $1.54B | 0.72B | -4.1% | 5.02% |
| 2019 | $1.63B | $0.00 | $1.63B | 0.75B | -3.6% | 4.19% |
| 2018 | $1.30B | $0.00 | $1.30B | 0.77B | -2.9% | 3.80% |
| 2017 | $1.35B | $0.00 | $1.35B | 0.80B | -3.6% | 3.92% |
| 2016 | $1.42B | $0.00 | $1.42B | 0.83B | -4.4% | 5.09% |
| 2015 | $1.31B | $0.00 | $1.31B | 0.87B | -4.6% | 5.24% |
| 2014 | $1.21B | $0.00 | $1.21B | 0.91B | -2.9% | 4.44% |
| 2013 | $813.00M | $0.00 | $813.00M | 0.93B | -0.4% | 2.63% |
| 2012 | $118.00M | $0.00 | $118.00M | 0.94B | -0.0% | 0.48% |
| 2011 | $308.00M | $0.00 | $308.00M | 0.94B | -0.8% | 1.53% |
| 2010 | $121.00M | $0.00 | $121.00M | 0.95B | 0.9% | 0.46% |
| 2009 | $10.00M | $0.00 | $10.00M | 0.94B | -2.0% | 0.05% |
| 2008 | $1.49B | $0.00 | $1.49B | 0.96B | -3.1% | 6.97% |
| 2007 | $606.00M | $0.00 | $606.00M | 0.99B | -1.6% | 2.02% |
| 2006 | $470.00M | $0.00 | $470.00M | 1.00B | -1.2% | 2.08% |
| 2005 | $438.00M | $0.00 | $438.00M | 1.02B | -1.7% | 1.89% |
| 2004 | $392.00M | $0.00 | $392.00M | 1.03B | -1.1% | 1.96% |
| 2003 | $343.00M | $0.00 | $343.00M | 1.04B | -1.2% | 1.86% |
| 2002 | $346.00M | $0.00 | $346.00M | 1.06B | -1.7% | 2.23% |
| 2001 | $350.00M | $0.00 | $350.00M | 1.07B | -1.4% | 2.74% |
| 2000 | $239.00M | $0.00 | $239.00M | 1.09B | -1.1% | — |
| 1999 | $224.00M | $0.00 | $224.00M | 1.10B | -0.2% | — |
| 1998 | $125.00M | $0.00 | $125.00M | 1.10B | -1.9% | — |
| 1997 | $314.00M | $0.00 | $314.00M | 1.13B | -2.9% | — |
| 1996 | $204.00M | $0.00 | $204.00M | 1.16B | — | — |
| 1995 | $224.20M | $0.00 | $224.20M | — | — | — |
| 1994 | $131.73M | $0.00 | $131.73M | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1990 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)100% of headroom
Headroom $1.36B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Aflac buy back its own stock?
- Yes, Aflac (AFL) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Aflac spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $3.53B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Aflac's buyback yield?
- TTM buyback yield is about 6.04% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Aflac's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 6.04% combined (TTM-based where available).
Is Aflac diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Aflac's share count changed?
- Diluted weighted average shares changed by about -25.7% over roughly five fiscal years (annual income statement data).