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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an update.
Australian Foundation Investment Company Limited announced the cessation of 436,364 ordinary fully paid securities due to an on-market buy-back as of September 17, 2025. This strategic move could potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing the ownership percentage of remaining shareholders and possibly improving earnings per share.
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 deliver capital growth and income to its shareholders.
Average Trading Volume: 517,799
Technical Sentiment Signal: Buy
Learn more about AFI stock on TipRanks’ Stock Analysis page.