AFIC Completes On-market Buy-back of Shares
Company Announcements

AFIC Completes On-market Buy-back of Shares

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

Australian Foundation Investment Company Limited has announced the cessation of 227,802 of its ordinary fully paid securities. The cessation, effective from October 1, 2024, occurred as a result of an on-market buy-back. This move could indicate an active approach to managing the company’s capital structure and returning value to shareholders.

For further insights into AU:AFI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskAustralian Foundation Investment Co. Updates on Share Buy-Back
TipRanks Australian Auto-Generated NewsdeskAustralian Foundation Investment Co. Updates on Buy-Back Program
TipRanks Australian Auto-Generated NewsdeskAustralian Foundation Investment Co. Updates on Share Buy-Back
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App