Australian Foundation Investment Co. Ltd. (AU:AFI) has released an update.
Australian Foundation Investment Company Limited has announced an update on its ongoing buy-back program, with a total of 37,044 ordinary fully paid securities purchased on the previous day, adding to a cumulative total of 227,802 securities bought back. This buy-back strategy indicates the company’s effort to consolidate its stock value and enhance shareholder returns.
For further insights into AU:AFI stock, check out TipRanks’ Stock Analysis page.