Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an update.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back a total of 401,991 ordinary fully paid securities on the previous day, adding to a cumulative total of 5,156,964 securities repurchased before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited operates in the investment industry, focusing on managing a diversified portfolio of Australian equities. The company primarily invests in a range of sectors to provide shareholders with capital growth and income over the long term.
Technical Sentiment Consensus Rating: Buy
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