Australian Foundation Investment Company updates on share buy-back activity

Australian Foundation Investment Company Limited (AFI) announced an update to its on-market buy-back, primarily for capital management purposes. As of October 29, 2025, the company reported a total of 15,687,948 securities bought back before the previous day's trading. On October 28, 2025, an additional 290,988 ordinary fully paid shares were repurchased.

The total consideration paid for shares bought back before the previous day was AUD 115,156,669.75, with the previous day's buy-back costing AUD 2,150,459.52. The highest price paid for a security before the previous day was AUD 7.63 on December 13, 2024, while the lowest price was AUD 7.10 on March 19, 2025. On October 28, 2025, the highest price paid was AUD 7.41, and the lowest was AUD 7.36.

The company has a maximum of 124,654,944 securities proposed to be bought back, with 113,507,116 shares remaining as of the end of the previous day. The buy-back commenced on February 24, 2025, and is scheduled to conclude on February 23, 2026. Morgans Financial Limited is acting as the broker for these transactions.