Australian Foundation Investment Company updates on share buy-back program

Australian Foundation Investment Company Limited announced an update to its on-market share buy-back program on September 17, 2025. The company bought back an additional 69,350 ordinary fully paid securities on September 16, 2025. This brings the total number of securities bought back before that day to 9,710,045.

The consideration paid for the previous day's buy-back was A$499,840.13, with the highest price paid at A$7.21 and the lowest at A$7.20. The buy-back facility is intended for capital management purposes, with a proposed start date of February 24, 2025, and an end date of February 23, 2026.

The company intends to buy back a maximum of 124,654,944 securities, representing approximately 10% of the total 1,246,549,445 securities on issue. As of the end of the previous day, 119,706,657 securities remain to be bought back under the disclosed maximum. Morgans Financial Limited is the designated broker for the buy-back, and all considerations will be paid in Australian Dollars.