Australian Foundation Investment Company updates buy-back activity
Australian Foundation Investment Company Limited (AFI) announced an update to its daily buy-back notification on October 13, 2025. This update is part of the company’s on-market buy-back facility, which commenced on February 12, 2024, for capital management purposes. As of October 10, 2025, AFI had bought back a total of 11,477,015 securities before the previous day, and an additional 370,489 securities on the previous day.
The total consideration paid for shares bought back before the previous day amounted to AUD 84,135,796.95, with a highest price of AUD 7.63 on December 13, 2024, and a lowest price of AUD 7.10 on March 19, 2025. For shares bought back on the previous day, the total consideration was AUD 2,720,278.43, with a highest price of AUD 7.40 and a lowest price of AUD 7.27.
The company has indicated an intention to buy back a maximum of 124,654,944 securities, with 117,638,548 remaining as of the end of the previous day. The proposed buy-back is scheduled to run from February 24, 2025, to February 23, 2026, with Morgans Financial Limited acting as the broker.
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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