The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
COLUMBUS, Ga., Dec. 2, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today announced that its Board of Directors has declared the first quarter dividend of $0.58 per share, payable on March 3, 2025, to shareholders of record at the close of business on February 19, 2025. This represents a 16.0% increase over the previously declared fourth quarter dividend.
Commenting on the announcements, Aflac Incorporated Chairman and Chief Executive Officer Daniel P. Amos said: "I am pleased with the Board's action to increase the first quarter 2025 dividend. We treasure our record of 42 consecutive years of dividend increases, and our dividend track record is supported by the strength of our capital and cash flows. As an insurance company, our primary responsibility is to fulfill the promises we make to our policyholders. At the same time, we are listening to our shareholders and understand the importance of prudent liquidity and capital management. We remain committed to maintaining strong capital ratios on behalf of our policyholders and balance this financial strength with tactical capital deployment."
Comforting robotic companions donated to pediatric cancer patients courtesy of Aflac
ROSEVILLE Calif., Nov. 21, 2024 /PRNewswire/ -- Children in Northern California now have a cuddly companion to bring them comfort through their cancer treatment journey. Aflac Incorporated, a leading provider of health supplemental insurance in the U.S. donated the robotic ducks to Keaton's Child Cancer Alliance in Roseville Thursday. The event marks nearly 200 ducks given to Keaton's in the last two years and more than 33,000 ducks distributed free of charge since the program began in 2018.
COLUMBUS, Ga., Nov. 21, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that it will webcast its annual Financial Analysts Briefing on December 3, 2024 at starting 8:00 a.m. (ET). Aflac's executive management will discuss the Company's operations and strategy for the U.S. and Japan, as well as its medium-term outlook.
The presentations will be available via webcast, and you must register here prior to the event. Presentation slides will be posted on investors.aflac.com after the market closes on December 2, 2024, and an archive of the presentations will also be available on investors.aflac.com for two weeks following the conclusion of the webcast.
14th annual Aflac WorkForces Report uncovers very high levels of burnout are nearly twice as likely among U.S. Hispanic employees than non-Hispanics
COLUMBUS, Ga., Nov. 12, 2024 /PRNewswire/ -- American employers and employees are facing a conundrum: heightened levels of workplace stress and burnout. This concern is exacerbated by ongoing rising costs of health care, financial vulnerability and looming worry about the future of their families, according to the 14th annual Aflac WorkForces Report1 released by Aflac Incorporated, a leading provider of supplemental health insurance and products in the U.S. The report has been tracking for more than a decade the state of the American workplace among employees and employers — capturing trends, attitudes, needs and experiences in health care and benefits administration.
30-year group insurance industry veteran will leverage his carrier and benefits consulting experience to further deepen Aflac's distribution model and drive profitable growth
COLUMBUS, Ga., Nov. 11, 2024 /PRNewswire/ -- Aflac, the leading provider of supplemental health insurance in the U.S.1, today announced the hiring of JR Shamley for the newly created position of senior vice president, National Account Business Development and Growth Solutions. In this role, Shamley will be responsible for aligning distribution and business strategies to drive profitable growth in the national accounts segment. With a proven track record in consulting for large employers, Shamley brings more than three decades of experience to further enhance Aflac's employer benefits solutions for large employers.
COLUMBUS, Ga., Oct. 30, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today the promotion of Virgil R. Miller to president of Aflac Incorporated, effective Jan. 1, 2025. Miller will retain his current role as president of Aflac U.S. In his expanded role, Miller's responsibilities will include supporting key companywide profitable growth and efficiency initiatives, continuing to advance the company's digital capabilities with a focus on customer-centric strategies, and managing the evolution of product offerings to meet new market needs. Miller will continue to report to Aflac Incorporated Chairman and CEO Daniel P. Amos.
COLUMBUS, Ga., Oct. 30, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) today reported its third quarter results.
Total revenues were $2.9 billion in the third quarter of 2024, compared with $5.0 billion in the third quarter of 2023. Net losses were $93 million, or losses of $0.17 per diluted share, compared with earnings of $1.6 billion, or $2.64 per diluted share a year ago, primarily due to increased foreign exchange-related losses from yen strengthening by 12.9% during the quarter.
Net losses in the third quarter of 2024 included net investment losses of $1.4 billion, or $2.51 per diluted share, compared with net investment gains of $423 million, or $0.71 per diluted share a year ago. These net investment losses were driven by net losses of $1.4 billion on certain derivatives and foreign currency activities; net gains from sales and redemptions of $105 million; a $13 million gain from an increase in the fair value of equity securities; an $86 million increase in credit losses; and a $55 million impairment due to the anticipated sale of investments with unrealized losses.
COLUMBUS, Ga., Sept. 25, 2024 /PRNewswire/ -- Aflac Incorporated (NYSE: AFL) announced today that it will release third quarter 2024 financial results after the market closes on October 30, 2024. At that time, earnings materials, including the quarterly earnings release and financial supplement, will be available, along with a financial update video from Executive Vice President and Chief Financial Officer Max Brodén, on the company's Investor Relations website, investors.aflac.com.
Aflac Incorporated will also webcast a conference call scheduled for 8:00 a.m. (ET) on Thursday, October 31, 2024. During the webcast, Aflac Incorporated Chairman, Chief Executive Officer and President Daniel P. Amos, along with Brodén, will discuss the company's quarterly results and outlook and answer questions during the webcast with other members of executive management from the U.S. and Japan. To listen to the conference call, please register at investors.aflac.com five to seven minutes prior to the scheduled start time.
COLUMBUS, Ga., Sept. 25, 2024 /PRNewswire/ -- Nearly 3 out of 4 American workers say they experienced stress and anxiety while covering for a coworker on paid/extended leave,1 according to dual studies by Aflac Incorporated and Prudential Financial, Inc.
In addition, about half of workers say they experienced burnout when covering for an employee whose leave extended beyond nine weeks,1 according to the studies, one by Aflac focusing on how employees are impacted by a coworkers' leave, and another by Prudential, focusing on how employers are supporting workers who cover for employees on leave. The studies by the two companies, both leading providers of group life, absence, disability and supplemental health insurance in the U.S., were combined into a single presentation on Aug. 6 at the 2024 Disability Management Employer Coalition (DMEC) Annual Conference in Nashville, Tennessee.
Bridge to Brighter website offers tips people can use to ease the cancer journey
COLUMBUS Ga., Sept. 18, 2024 /PRNewswire/ -- September is Childhood Cancer and Sickle Cell Awareness Month, and Aflac, a committed partner in helping families facing the challenges associated with pediatric cancer and blood disorders, is renewing its call for individuals to join its heartful program called Bridge to Brighter. A leading provider of health supplemental insurance in the U.S., Aflac Incorporated has dedicated its philanthropic mission to supporting pediatric cancer and blood disorder programs and initiatives, raising nearly $184 million since 1995. This ongoing commitment includes its support to the Aflac Cancer and Blood Disorders Center of Children's Hospital of Atlanta, one of the top 10 pediatric oncology, hematology, and blood and marrow transplant programs in the country, according to U.S. News & World Report. More than half of the funding comes from Aflac's generous employees and independent sales force members who contribute directly from their commissions.