Australian Foundation Investment Company updates on buy-back activity
Australian Foundation Investment Company Limited (AFIC) announced an update to its on-market buy-back, with a notification date of October 9, 2025. The company's total number of securities bought back before the previous day was 10,460,625. On the previous day, October 8, 2025, an additional 340,085 securities were bought back, bringing the total consideration paid on that day to AUD 2,441,130.13.
The highest price paid for securities on the previous day was AUD 7.20, while the lowest price was AUD 7.16. The highest price paid to date occurred on December 13, 2024, at AUD 7.63, and the lowest price paid to date was on March 19, 2025, at AUD 7.10. Morgans Financial Limited is the broker facilitating the buy-back.
AFIC intends to buy back a maximum of 124,654,944 securities, with 118,685,342 securities remaining to be bought back as of the end of the previous day. The buy-back program, which commenced on February 24, 2025, is scheduled to conclude on February 23, 2026, and is being conducted for capital management purposes.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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