AFLAC INC

Ticker: AFL CUSIP: 001055102 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

Note: Option positions (PUT/CALL) are excluded.

Q1 2020

Shares 51,670 Value ($000) $1,769 Avg Close $39.67 Range $20.09 - $46.30

Q4 2019

Shares 51,670 Value ($000) $2,733 Avg Close $45.85 Range $43.46 - $47.70

Q3 2019

Shares 10,460 Value ($000) $547 Avg Close $45.37 Range $41.49 - $49.03

Q2 2019

Shares 10,390 Value ($000) $569 Avg Close $44.08 Range $41.19 - $47.73

Q1 2019

Shares 10,310 Value ($000) $516 Avg Close $40.99 Range $37.56 - $43.21

Q4 2018

Shares 20,420 Value ($000) $930 Avg Close $37.59 Range $34.96 - $40.18

Q2 2018

Shares 55,330 Value ($000) $2,380 Avg Close $37.56 Range $35.38 - $38.58

Q1 2018

Shares 20,420 Value ($000) $894 Avg Close $36.79 Range $34.34 - $38.26

Q4 2017

Shares 10,210 Value ($000) $896 Avg Close $35.30 Range $33.57 - $37.23

Q3 2017

Shares 37,880 Value ($000) $3,083 Avg Close $33.11 Range $31.43 - $34.85

Q2 2017

Shares 40,870 Value ($000) $3,174 Avg Close $30.73 Range $29.39 - $32.75

Q1 2017

Shares 40,870 Value ($000) $2,960 Avg Close $28.82 Range $26.95 - $29.90

Q4 2016

Shares 40,870 Value ($000) $2,845 Avg Close $28.46 Range $27.35 - $29.81

Q3 2016

Shares 39,990 Value ($000) $2,874 Avg Close $29.23 Range $28.45 - $30.01

Q2 2016

Shares 39,980 Value ($000) $2,885 Avg Close $27.28 Range $24.92 - $28.91

Q1 2016

Shares 12,910 Value ($000) $815 Avg Close $23.58 Range $21.57 - $25.62

Q4 2015

Shares 12,990 Value ($000) $778 Avg Close $24.53 Range $22.30 - $26.30

Q3 2015

Shares 12,920 Value ($000) $751 Avg Close $23.69 Range $20.19 - $25.39

Q2 2015

Shares 22,640 Value ($000) $1,408 Avg Close $24.64 Range $23.94 - $25.40

Q1 2015

Shares 13,300 Value ($000) $851 Avg Close $23.60 Range $21.75 - $25.08

Q4 2014

Shares 15,700 Value ($000) $959 Avg Close $22.70 Range $21.06 - $24.08

Q3 2014

Shares 15,700 Value ($000) $915 Avg Close $23.24 Range $22.10 - $24.44

Q2 2014

Shares 15,900 Value ($000) $990 Avg Close $23.68 Range $22.93 - $24.40

Q1 2014

Shares 15,900 Value ($000) $1,002 Avg Close $23.98 Range $22.74 - $25.09

Q4 2013

Shares 15,600 Value ($000) $1,042 Avg Close $24.61 Range $23.18 - $25.44

Q3 2013

Shares 15,600 Value ($000) $967 Avg Close $22.45 Range $20.86 - $23.67

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	51,670	$1,769	$39.67	$20.09 - $46.30
Q4 2019	51,670	$2,733	$45.85	$43.46 - $47.70
Q3 2019	10,460	$547	$45.37	$41.49 - $49.03
Q2 2019	10,390	$569	$44.08	$41.19 - $47.73
Q1 2019	10,310	$516	$40.99	$37.56 - $43.21
Q4 2018	20,420	$930	$37.59	$34.96 - $40.18
Q2 2018	55,330	$2,380	$37.56	$35.38 - $38.58
Q1 2018	20,420	$894	$36.79	$34.34 - $38.26
Q4 2017	10,210	$896	$35.30	$33.57 - $37.23
Q3 2017	37,880	$3,083	$33.11	$31.43 - $34.85
Q2 2017	40,870	$3,174	$30.73	$29.39 - $32.75
Q1 2017	40,870	$2,960	$28.82	$26.95 - $29.90
Q4 2016	40,870	$2,845	$28.46	$27.35 - $29.81
Q3 2016	39,990	$2,874	$29.23	$28.45 - $30.01
Q2 2016	39,980	$2,885	$27.28	$24.92 - $28.91
Q1 2016	12,910	$815	$23.58	$21.57 - $25.62
Q4 2015	12,990	$778	$24.53	$22.30 - $26.30
Q3 2015	12,920	$751	$23.69	$20.19 - $25.39
Q2 2015	22,640	$1,408	$24.64	$23.94 - $25.40
Q1 2015	13,300	$851	$23.60	$21.75 - $25.08
Q4 2014	15,700	$959	$22.70	$21.06 - $24.08
Q3 2014	15,700	$915	$23.24	$22.10 - $24.44
Q2 2014	15,900	$990	$23.68	$22.93 - $24.40
Q1 2014	15,900	$1,002	$23.98	$22.74 - $25.09
Q4 2013	15,600	$1,042	$24.61	$23.18 - $25.44
Q3 2013	15,600	$967	$22.45	$20.86 - $23.67