Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) just unveiled an announcement.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of March 25, 2025, the company has repurchased a total of 8,535,355 ordinary fully paid securities, including 400,400 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
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 dividend income.
Technical Sentiment Signal: Buy
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