Aflac (NYSE:AFL) Major Shareholder Sells 113,611 Shares of Company Stock
MarketBeat
Aflac Incorporated (NYSE:AFL - Get Free Report) major shareholder Post Holdings Co. Ltd. Japan sold 113,611 shares of the company's stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $118.53, for a total transaction of $13,466,311.83. Following the sale, the insider directly owned 50,134,329 shares of the company's stock, valued at $5,942,422,016.37. This represents a 0.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Large shareholders that own more than 10% of a company's shares are required to disclose their transactions with the SEC.
NYSE:AFL