Australian Foundation Investment Company updates on share buy-back activity

Australian Foundation Investment Company Limited (AFIC) announced an update to its on-market share buy-back on September 25, 2025. This notification follows the initial buy-back announcement on February 12, 2024, with the facility intended to refresh the company's capital management strategy.

As of September 24, 2025, the company bought back 69,700 additional ordinary fully paid securities, bringing the total number of securities bought back before that day to 10,122,037. The total consideration paid for the securities on the previous day was AUD 498,710.47, with the highest price paid at AUD 7.16 and the lowest at AUD 7.15.

The company has a maximum proposed buy-back of 124,654,944 securities out of a total of 1,246,549,445 securities on issue. Following the latest activity, 119,294,315 securities remain to be bought back. The buy-back program is slated to continue with a proposed start date of February 24, 2025, and an end date of February 23, 2026.