Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an announcement.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of the latest notification, the company has repurchased a total of 8,535,355 ordinary fully paid securities, with an additional 330,000 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited is a prominent investment firm in Australia, focusing on providing investors with a diversified portfolio of Australian equities. The company is known for its long-term investment strategy and aims to deliver capital growth and income through a carefully selected range of investments.
Technical Sentiment Signal: Buy
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