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AFI Updates Market on Progress of On-Market Share Buy-Back

Story Highlights
  • Australian Foundation Investment Company continues its on-market share buy-back, targeting ordinary fully paid shares.
  • AFI reports over 9.5 million shares repurchased to date, with ongoing daily buy-backs affecting capital management and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AFI Updates Market on Progress of On-Market Share Buy-Back

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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an announcement.

Australian Foundation Investment Company Limited has updated the market with a daily notification on its ongoing on-market share buy-back program for its ordinary fully paid shares. The company reported that it had repurchased a cumulative total of 9,530,800 securities prior to the latest reporting day.

In the most recent daily update dated 9 April 2026, AFI disclosed that it bought back an additional 306,005 shares on the previous day. The continued execution of the buy-back may signal capital management priorities and could have implications for shareholder value and the liquidity of AFI’s stock on the ASX.

The most recent analyst rating on (AU:AFI) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Australian Foundation Investment Co. Ltd. stock, see the AU:AFI Stock Forecast page.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited is a listed investment company on the ASX, trading under the code AFI. It provides investors with exposure to a diversified portfolio of Australian equities through its ordinary fully paid shares.

Average Trading Volume: 632,652

Technical Sentiment Signal: Hold

For a thorough assessment of AFI stock, go to TipRanks’ Stock Analysis page.

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