Ladies and gentlemen, please welcome Rick Williams.
Williams, Chairman of the Board, I now call this meeting to order. The board has appointed Ms. Deborah Baker to act as our Inspector of Elections. Ms. Baker, please stand. Thank you. John Addison, the Non-Executive Chairman of Primerica Distribution. Joel Babbitt, Co-Founder and Chief. Gary Crittenden, a private investor and a former Managing Partner and Chairman of HGGC. Cynthia Day, the President and CEO of Citizens Bancshares Corporation and Citizens Trust Bank. An investor, retired Senior Partner of Invesco, and a former Partner of Arthur Andersen. Beatriz Perez , SVP in Chief Public Affairs, Communications, and Sustainability. Thank you. Seated to my left is Stacey Geer, Executive Vice President, Deputy General Counsel, Chief Governance Officer, and Corporate Secretary of the company, who will act as Secretary.
Greg Pitts is our Executive Vice President and Chief Operating Officer. Alison Rand is our Executive Vice President and Chief Financial Officer. Thank you. At this time, I am pleased to introduce Rob Evans. Holders of at least 92% of the outstanding shares of common stock as of the record date are present in person or represented by proxy. A quorum is present. The meeting is duly convened. Each of you were provided with, and one will be provided for you. According to Ms. Geer, notice of the meeting was distributed on or about April 7, 2017, to all stockholders of record on March 21, 2017. There are five matters for consideration today. These matters are listed in the notice of Annual Meeting that is attached to the proxy statement.
Under our bylaws, certain procedures must be followed for our director nominations and other business proposals to be brought before the meeting. No proposal other than those described in the proxy statement may come before the meeting. Only holders of the common stock on March 21, 2017, the record date for this meeting, or persons holding a valid proxy for such shares. If you wish to revoke a proxy previously submitted and vote in person, please raise your hand and a ballot will be brought to you. It is now. The stockholders will consider the proposal in our proxy statement to elect 11 directors to serve until the Annual Meeting of Stockholders in 2018. Information about each nominee is contained in the proxy statement, along with the recommendation of the board. A microphone will be brought to you.
I see that there are no questions at this time. The stockholders will consider the proposal in our proxy statement to approve the Primerica, Inc. Second Amended and Restated 2010 Omnibus Incentive Plan. Is there any discussion on this proposal? The final item of business is consideration of a proposal to ratify the appointment by the audit committee of KPMG as the company's independent regis- Mr. Evans of KPMG is available to answer questions. Is there any discussion of this proposal? I see that there are no questions at this time.
In the possession of the Inspector of Elections. The Inspector of Elections will now count the votes. Glenn Williams, our CEO, will now make a few remarks.
Pleased to report on an exceptional year of performance for Primerica in 2016, as well as provide some comments on our continuing momentum in 2017. We saw continued growth in the size of our life license sales force, increasing 9% in 2016. Still continued to grow during the year. Our sales force size was up an additional 9% in the first quarter of 2017 compared to 2016, and we're on track to achieve our goal of 120,000 life insurance license rep. That represents over 298,000 families protected during the year and gives us a total face in force of $728 billion. Our ISP sales were down slightly in 2016, but still strong at $5.6 billion. ISP quarterly sales up 15%, resulting in record AUMs of almost $55 billion. In addition to our distribution and sales growth, our ability to generate and deploy capital is a competitive advantage.
We also completed stock buybacks of $150 million in 2016 and plan to buy back an additional $150 million in 2017 in addition to stockholder dividends. Our ROAE grew to 19%. On a recent earnings call, we said we expect ROAE to expand to around 20% for the full year of 2017. 2016 was an excellent year for total shareholder return at 40%, continuing to outperform the S&P Index. We believe our financial strength and solid business model will continue to deliver strong results for our stockholders. Our field and home office leader. Needs of Main Street families. Thank you for your continued investment in Primerica.
Thank you, Glenn.
98% of the votes cast at this meeting have been voted for the election of each of the 11 directors recommended and nominated. Approximately 94% of the votes cast at this meeting have been voted for approval of the Second Amended and Restated Primerica, Inc. 2010 Omnibus. Approximately 90% of the votes cast at this meeting have been voted on an advisory vote on the frequency of the Say on Pay vote in favor of an annual vote. Approximately 98% of the votes cast. The inspector will furnish me with a written report of the final vote count with respect to these matters, which will be included in the minutes of this meeting. Final results, including the results for each director nominee, will be
Thank you, Ms. Geer. I declare that the report of the inspector is approved, and that based on the preliminary results, the nominees for directors have been duly elected, the Second Amended and Restated Primerica, Inc. 2010 omni, on an advisory basis, an annual vote on Say on Pay, and the appointment of KPMG for fiscal year 2017 has been ratified. Glenn Williams and I will now begin the question and answer period. Please state your name, the number of shares you own for which you hold a valid proxy. If you represent an institutional owner, please state also the name of your firm. Please adhere to the two-minute period. If there are no questions, I'd like to again thank you for your support and continued confidence in Primerica. Is there a motion for adjournment?
Motion to adjourn.
The 2017 annual meeting of stockholders of Primerica Inc. adjourned. Thank you very much.