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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an announcement.
Australian Foundation Investment Company has reported an estimated unaudited pre-tax net tangible asset backing of $7.89 per share as at 17 April 2026, compared with a share price of $6.64 at the same date. The figure is based on the market value of its investment portfolio before deferred tax on unrealised gains or losses, offering investors an updated view of the company’s underlying asset value relative to its trading price.
The company also corrected a typographical error in its previously reported weekly NTA estimate for 10 April 2026, clarifying that the figure should have been $7.89 instead of $7.81. This correction is aimed at ensuring accurate disclosure for shareholders and market participants who rely on NTA data to assess valuation, performance, and potential discounts or premiums to asset backing in AFIC’s shares.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited is a listed Australian investment company that provides investors with diversified exposure to a portfolio of primarily Australian equities. It focuses on long-term, conservatively managed share investments and is widely held by retail and institutional investors seeking stable, professionally managed market exposure.
YTD Price Performance: -4.16%
Average Trading Volume: 681,828
Technical Sentiment Signal: Hold
For an in-depth examination of AFI stock, go to TipRanks’ Overview page.