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AFIC Announces Estimated NTA Backing Per Share

Story Highlights

Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has shared an update.

Australian Foundation Investment Company Limited announced its estimated net tangible asset (NTA) backing per share as of April 24, 2025, at $7.78, with a share price of $7.13 on the ASX closing price of the same date. This unaudited and indicative figure reflects the market value of investments before tax provisions, highlighting the company’s financial positioning and potential impact on shareholder value.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing primarily on providing investors with access to a diversified portfolio of Australian equities. The company aims to deliver capital growth and consistent income to its shareholders through strategic investments in various sectors of the Australian market.

Technical Sentiment Signal: Buy

Find detailed analytics on AFI stock on TipRanks’ Stock Analysis page.

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