AFI announces estimated net tangible asset backing per share

Australian Foundation Investment Company (AFI) has released its estimated net tangible asset (NTA) backing per share as of May 23, 2025. The pre-tax NTA per share is estimated at AUD8.17. The company's share price (ASX closing price on May 23, 2025) was AUD7.20. AFI clarified that the Pre-Tax NTA is unaudited and indicative only, calculated based on market value investments before provisions for current or deferred tax. Further information can be found on the company website, afi.com.au. The release was authorized by Company Secretary, Matthew Rowe.