Australian Foundation Investment Company reduces capital through share buy-back

Australian Foundation Investment Company Limited (AFI) has notified the market of the cessation of 436,364 fully paid ordinary shares, effective September 17, 2025. This resulted from an on-market buy-back program. The total consideration paid for these securities amounted to AUD 3,195,420.46.

The buy-back occurred between August 25, 2025, and September 11, 2025, with the acquired shares subsequently cancelled. Following this reduction, the total number of ordinary fully paid securities on issue for AFI stands at 1,261,770,741. The company confirmed that it did provide consideration for the cessation of these securities.

This announcement highlights AFI's ongoing capital management strategies, which involve reducing its issued capital through market purchases. The notification was a new announcement from the entity, with its ABN registered as 56004147120.