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Australian Foundation Investment Company Reports Daily Progress on Share Buy-Back

Story Highlights
  • AFI has repurchased over fifteen million ordinary shares under its ongoing on-market buy-back program.
  • The latest daily update shows an additional 293,200 shares bought back, signaling active capital management and potential value support.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Australian Foundation Investment Company Reports Daily Progress on Share Buy-Back

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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) just unveiled an announcement.

Australian Foundation Investment Company Limited has updated the market on its ongoing on-market share buy-back program for its ordinary fully paid shares, coded AFI on the ASX. The company reported that a total of 15,142,655 shares had been repurchased prior to the most recent trading day under this program.

In its latest daily notification dated 4 May 2026, AFI disclosed that it bought back an additional 293,200 shares on the previous day. The continued execution of this buy-back may signal confidence in the company’s valuation and provides a mechanism to enhance shareholder value through capital management.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited is a listed investment company on the ASX, trading under the code AFI and issuing ordinary fully paid shares. It operates as an investment vehicle, providing investors with diversified exposure to a portfolio of listed securities and aims to deliver long-term capital growth and income through professional portfolio management.

YTD Price Performance: -5.72%

Average Trading Volume: 708,374

Technical Sentiment Signal: Hold

For an in-depth examination of AFI stock, go to TipRanks’ Overview page.

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