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AFIC Announces Estimated NTA Backing Per Share

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AFIC Announces Estimated NTA Backing Per Share

Confident Investing Starts Here:

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

Australian Foundation Investment Company Limited has released its estimated net tangible asset (NTA) backing per share as of May 30, 2025, which stands at $8.22. This figure is unaudited and indicative, calculated based on investments at market value before tax provisions. The announcement highlights the company’s financial standing, with the AFI share price closing at $7.23 on the ASX on the same date, reflecting its market valuation and potential implications for stakeholders.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on providing shareholders with diversified exposure to Australian equities. The company primarily invests in a portfolio of Australian companies, aiming to deliver capital growth and consistent income through dividends.

YTD Price Performance: -0.85%

Average Trading Volume: 555,014

Technical Sentiment Signal: Buy

For an in-depth examination of AFI stock, go to TipRanks’ Stock Analysis page.

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