Australian Foundation Investment Company updates on share buy-back program

Australian Foundation Investment Company Limited (AFI) announced an update to its on-market share buy-back on October 20, 2025. This update is a daily buy-back notification, refreshing the company's facility for capital management. The company has already bought back 13,352,898 securities before the previous day, with an additional 253,730 securities bought back on the previous day, October 17, 2025.

The total consideration paid for securities before the previous day amounted to AUD 97,952,756.78, while the previous day's buy-back cost AUD 1,874,912.46. The highest price paid on the previous day was AUD 7.43, with the lowest price at AUD 7.34. The proposed buy-back is scheduled to continue from February 24, 2025, to February 23, 2026.

AFI intends to buy back a maximum of 124,654,944 securities, with 115,879,424 securities remaining to be bought back as of the end of the previous day. Morgans Financial Limited is the designated broker for the buy-back, and the consideration will be paid in Australian Dollars.