Australian Foundation Investment Company updates on share buy-back program

Australian Foundation Investment Company Limited (AFI) has confirmed the repurchase of an additional 54,280 ordinary fully paid securities on August 28, 2025. This brings the total number of securities bought back to 9,183,017 before the previous day. The buy-back is conducted on-market through Morgans Financial Limited, with the consideration paid in AUD.

The highest price paid for securities before the previous day was AUD 7.63 on December 13, 2024, while the lowest was AUD 7.10 on March 19, 2025. On the previous day, the highest price paid was AUD 7.39 and the lowest was AUD 7.36. The total consideration paid for the 54,280 securities on August 28, 2025, was AUD 400,038.17, adding to a cumulative total of AUD 67,571,239.13.

The company plans to buy back a maximum of 124,654,944 securities, with 120,248,755 remaining as of the end of the previous day. This on-market buy-back facility commenced on February 24, 2025, and is scheduled to conclude on February 23, 2026. This facility serves capital management purposes.