Australian Foundation Investment Company updates on share buy-back program

Australian Foundation Investment Company Limited (AFI) announced an update to its on-market share buy-back program. This daily notification refreshes the company's facility for capital management purposes, relating to AFI's ordinary fully paid shares. The program has a proposed start date of February 24, 2025, and an end date of February 23, 2026.

As of September 18, 2025, AFI bought back 69,622 securities, with a total consideration of AUD 499,851.15. The highest price paid on the previous day was AUD 7.20, and the lowest price was AUD 7.16. This brings the total number of securities bought back before the previous day to 9,843,395. The highest price allowed to be paid by the entity on the previous day under listing rule 7.33 was AUD 7.5492.

The company intends to buy back a maximum of 124,654,944 securities, with 119,573,035 securities remaining to be bought back as of the end of the previous day. Morgans Financial Limited is the broker facilitating the buy-back. The buy-back does not require security holder approval, and the consideration will be paid in Australian Dollars.