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Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER

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Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER

PURCHASES OF EQUITY SECURITIES

Market Information

Aflac Incorporated's common stock is principally traded on the New York Stock Exchange under the symbol AFL.

Holders

As of February 16, 2023, there were 84,297 holders of record of the Company's common stock.

Dividends

For a summary of dividends paid to shareholders in 2022 and 2021 and potential restrictions on the Company's ability to pay future dividends, see the Liquidity and Capital Resources section of Item 7. MD&A.

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Stock Performance Graph

The following graph compares the five-year performance of the Company's common stock to the Standard & Poor's 500 Index (S&P 500) and the Standard & Poor's Life and Health Insurance Index (S&P Life and Health). The Standard & Poor's Life and Health Insurance Index includes: Aflac Incorporated, Globe Life Inc., Lincoln National Corporation, MetLife Inc., Principal Financial Group Inc. and Prudential Financial Inc.

afl-20221231_g3.jpg

Performance Graphic Index

December 31,

201720182019202020212022
Aflac Incorporated100.00106.21125.92108.82146.43185.03
S&P 500100.0095.62125.72148.85191.58156.89
S&P Life & Health Insurance100.0079.2397.6088.35120.76133.25

Copyright© 2023 Standard & Poor’s, a division of S&P Global. All rights reserved.

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Issuer Purchases of Equity Securities

During the year ended December 31, 2022, the Parent Company repurchased shares of its common stock as follows:

PeriodTotal Number of Shares PurchasedAverage Price Paid Per ShareTotal Number of Shares Purchased as Part of Publicly Announced Plans or ProgramsMaximum Number of Shares that May Yet Be Purchased Under the Plans or Programs
January 1 - January 311,933,400$61.871,933,40053,895,617
February 1 - February 283,183,21263.582,845,20651,050,411
March 1 - March 313,233,86661.933,228,60047,821,811
April 1 - April 302,592,23962.982,589,50045,232,311
May 1 - May 314,284,40057.224,284,40040,947,911
June 1 - June 304,315,93156.124,310,88836,637,023
July 1 - July 313,670,80055.403,670,80032,966,223
August 1 - August 313,983,20061.373,983,20028,983,023
September 1 - September 303,406,57159.473,403,20025,579,823
October 1 - October 312,817,10060.012,817,10022,762,723
November 1 - November 302,867,94969.912,856,100119,906,623
December 1 - December 313,268,60970.893,264,800116,641,823
Total39,557,277(1)$61.2939,187,194116,641,823(2)

(1) During the year ended December 31, 2022, 370,083 shares were purchased in connection with income tax withholding obligations related to the vesting of restricted-share-based awards during the period.

(2) The total remaining shares available for purchase at December 31, 2022, consisted of 16,641,823 shares related to a 100,000,000 share repurchase authorization by the board of directors announced in August 2020 and 100,000,000 shares related to a 100,000,000 share repurchase authorization by the board of directors announced in November 2022.

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