Aflac Incorporated released its 2025 Annual Report and Proxy Statement, detailing its financial performance for the year ended December 31, 2024. The company reported $5.4 billion in net earnings, or $9.63 per diluted share, marking a 23.8% increase in net earnings per diluted share.
Adjusted earnings per diluted share reached a historical high of $7.21, or $7.39 excluding foreign currency impact, an 18.6% increase year over year. The report highlighted 2024 as the 42nd consecutive year of dividend increases, with the first quarter 2025 dividend raised by 16% to $0.58 per share.
Aflac also deployed $2.8 billion in capital for share repurchases in 2024, returning a total of $3.9 billion to shareholders. Additionally, the company announced the nomination of Michael Forrester to its Board of Directors, bringing extensive experience in strategic asset and investment management.
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