Australian Foundation Investment Company updates on buy-back program

Australian Foundation Investment Company Limited (AFI) announced an update to its on-market buy-back program, with a notification date of October 17, 2025. This update follows a previous announcement on October 16, 2025, and an initial notification of buy-back on February 12, 2024. The buy-back relates to its ordinary fully paid securities.

As of the previous day, October 16, 2025, AFI bought back 263,500 securities. This brings the total number of securities bought back before the previous day to 13,089,398. The total consideration paid on the previous day for the 263,500 securities was AUD 1,945,657.65.

The highest price paid for a security on the previous day was AUD 7.41, while the lowest price paid was AUD 7.34. The company intends to buy back a maximum of 124,654,944 securities, with 116,133,154 securities remaining to be bought back as of the end of the previous day. Morgans Financial Limited is acting as the broker for the buy-back, which aims to refresh the company's capital management facility.