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Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an announcement.
Australian Foundation Investment Company Limited has announced an update on its ongoing on-market buy-back program. As of September 23, 2025, the company has repurchased a total of 9,982,717 ordinary fully paid securities, with 69,650 bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and providing a return of capital to shareholders.
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 aims to provide shareholders with attractive investment returns through a combination of capital growth and dividends.
Average Trading Volume: 509,386
Technical Sentiment Signal: Buy
For a thorough assessment of AFI stock, go to TipRanks’ Stock Analysis page.