Australian Foundation Investment Co. Ltd. (AU:AFI) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Australian Foundation Investment Company Limited has announced a daily buy-back of their ordinary fully paid securities, with 98,238 shares bought back on the previous day. This ongoing buy-back strategy indicates the company’s confidence in its financial health and aims to enhance shareholder value by reducing the number of shares outstanding.
For further insights into AU:AFI stock, check out TipRanks’ Stock Analysis page.