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AFIC Updates Market on Ongoing On-Market Share Buy-Back

Story Highlights
  • Australian Foundation Investment Company continues its on-market share buy-back, repurchasing ordinary fully paid shares under code AFI.
  • The latest update reports over 10.8 million shares already bought back, with a further 371,688 shares repurchased on the previous trading day.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AFIC Updates Market on Ongoing On-Market Share Buy-Back

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The latest announcement is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).

Australian Foundation Investment Company Limited has disclosed an update to its on-market share buy-back program for its ordinary fully paid shares. The company, listed under ASX code AFI, continues to use the buy-back to actively manage its capital structure and share base.

The latest notification shows that AFI has repurchased a cumulative total of 10,838,455 shares prior to the latest reporting day, with an additional 371,688 shares bought back on the previous trading day. This ongoing activity signals continued execution of the buy-back first announced in January 2026, potentially supporting earnings per share and capital management outcomes for existing investors.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited is an Australian-listed investment company trading under the ASX code AFI. It holds a diversified portfolio of listed securities on behalf of shareholders, offering exposure to the broader equity market through a single, professionally managed vehicle.

Average Trading Volume: 654,812

Technical Sentiment Signal: Hold

See more data about AFI stock on TipRanks’ Stock Analysis page.

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