Australian Foundation Investment Company updates on-market share buy-back

Australian Foundation Investment Company Limited (AFI) announced an update to its on-market share buy-back program on September 15, 2025. This notification served as a daily buy-back update. The buy-back, which commenced on February 12, 2024, and is scheduled to conclude on February 23, 2026, aims to refresh the company's capital management facility.

As of September 12, 2025, AFI bought back an additional 69,386 securities, bringing the total number of securities bought back before that day to 9,582,231. The consideration paid for the securities bought back on the previous day amounted to AUD 499,662.46. The highest price paid on the previous day was AUD 7.21, while the lowest price paid was AUD 7.19.

With a maximum of 124,654,944 securities proposed to be bought back, the remaining number of securities to be acquired as of the end of the previous day stands at 119,834,435. Morgans Financial Limited is the broker facilitating the buy-back for the company. The highest price allowed to be paid by the entity on the previous day under listing rule 7.33 was AUD 7.6029.