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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) just unveiled an update.
Australian Foundation Investment Company has reported an update to its on-market share buy-back program for its ordinary fully paid shares listed under the ASX code AFI. The company disclosed that, as of 24 April 2026, it had repurchased a cumulative 13,263,608 shares prior to the previous trading day, with an additional 376,000 shares bought back on the preceding day.
The updated figures indicate the ongoing execution of the buy-back that was initially notified in January 2026 and subsequently amended with daily disclosures. This continued capital management activity suggests AFIC is actively returning capital to shareholders and potentially seeking to enhance earnings per share and net asset value per share by reducing the number of shares on issue.
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 and issuing ordinary fully paid shares. It operates as a diversified investment vehicle, providing investors with exposure to a broad portfolio of equities while actively managing capital through mechanisms such as on-market share buy-backs.
Average Trading Volume: 706,389
Technical Sentiment Signal: Hold
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