Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).
Australian Foundation Investment Company Limited has provided an updated notification to the ASX regarding its ongoing on-market share buy-back program for its ordinary fully paid shares under code AFI. The update, dated 27 March 2026, confirms that a total of 7,133,804 shares had been bought back before the previous trading day, with an additional 305,000 shares repurchased on the prior day as part of the daily buy-back activity.
The continued execution of the on-market buy-back indicates AFI’s active capital management, potentially enhancing earnings per share and net asset value for remaining shareholders. Regular daily notifications underscore the company’s compliance with ASX disclosure requirements and provide transparency for investors tracking the progress and scale of the buy-back initiative.
The most recent analyst rating on (AU:AFI) stock is a Buy with a A$8.50 price target. To see the full list of analyst forecasts on Australian Foundation Investment Co. Ltd. stock, see the AU:AFI Stock Forecast page.
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 a diversified investment vehicle, providing investors with exposure to a broad portfolio of securities and focusing on long-term capital growth and income through listed equities.
Average Trading Volume: 569,871
Technical Sentiment Signal: Hold
For an in-depth examination of AFI stock, go to TipRanks’ Overview page.