Japan Post Holdings Co., Ltd., a notable shareholder in Aflac Inc. (NYSE:AFL), executed a divestment of Aflac common stock totaling $385,833 on June 18, 2026. The transaction involved the disposition of 3,300 shares. The sale activity occurred while Aflac shares traded near their 52-week high of $119.81, with the stock currently trading at $117.03.
The divestment was executed through multiple transactions at prices ranging from $115.47 to $117.25 per share. Specifically, 600 shares were sold at a weighted average price of $116.06, with individual transaction prices between $115.47 and $116.46. An additional 2,700 shares were sold at a weighted average price of $117.11, with individual transaction prices ranging from $116.515 to $117.25.
Following these transactions, Japan Post Holdings Co., Ltd. indirectly holds 50,926,335 shares of Aflac common stock. The reported securities are held directly by J&A Alliance Holdings Corporation, in its capacity as the trustee of the J&A Alliance Trust. Japan Post Holdings Co., Ltd. may be deemed to beneficially own these shares due to its role as the sole settlor and beneficiary of the Trust, though it expressly disclaims beneficial ownership except to the extent of its pecuniary interest therein.
In other recent news, Aflac Incorporated reported its first-quarter 2026 earnings, revealing a slight miss on earnings per share (EPS) but a significant beat on revenue. The company’s adjusted EPS was $1.75, slightly below the forecast of $1.80, while revenue reached $4.35 billion, surpassing the anticipated $4.18 billion. Additionally, Aflac shareholders recently approved all company proposals at their annual meeting, except for a shareholder measure seeking an independent board chairman. Shareholders elected 11 directors to the board, passed a non-binding advisory vote on executive compensation, and ratified the appointment of KPMG LLP as Aflac’s independent registered public accounting firm for the year ending December 31, 2026.
In other developments, Aflac announced the opening of an office in South Portland to administer Maine’s Paid Family and Medical Leave program. This facility will provide claims administration services for over 500,000 eligible workers in Maine and participating public and private sector employers. The Maine PFML program began issuing benefits today. These recent developments highlight Aflac’s ongoing business activities and strategic decisions.