Aflac (NYSE:AFL) Declares Stock Buyback Program
MarketBeat
Aflac (NYSE:AFL - Get Free Report) declared that its board has initiated a stock buyback plan on Tuesday, August 12th, RTT News reports. The company plans to repurchase 100,000,000 outstanding shares. This repurchase authorization authorizes the financial services provider to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's board believes its shares are undervalued.
NYSE:AFL