Australian Foundation Investment Company updates on-market share buy-back

Australian Foundation Investment Company Limited (AFI) announced an update to its on-market buy-back, with a notification date of 10 October 2025. Before 9 October 2025, a total of 10,800,710 ordinary fully paid shares had been bought back. On 9 October 2025, an additional 676,305 shares were bought back.

The total consideration paid for shares bought back before 9 October 2025 was AUD 79,213,649.16. The highest price paid was AUD 7.63 on 13 December 2024 and the lowest was AUD 7.10 on 19 March 2025. For the buy-back on 9 October 2025, the total consideration was AUD 4,922,147.79, with shares purchased at prices between AUD 7.19 and AUD 7.32.

The buy-back commenced on 24 February 2025 and is scheduled to conclude on 23 February 2026, with a maximum proposed buy-back of 124,654,944 securities. As of the end of 9 October 2025, 118,009,037 shares remain to be bought back under this facility.