Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an announcement.
Australian Foundation Investment Company Limited announced an update on its ongoing on-market buy-back program, detailing the acquisition of 260,382 ordinary fully paid securities on the previous day. This buy-back strategy is part of the company’s efforts to manage its capital efficiently 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 wide range of Australian companies, aiming to provide shareholders with attractive investment returns through capital growth and dividends.
Technical Sentiment Consensus Rating: Buy
For detailed information about AFI stock, go to TipRanks’ Stock Analysis page.