Australian Foundation Investment Company updates on buy-back activity

Australian Foundation Investment Company Limited (AFI) announced an update to its on-market buy-back, with the notification dated October 31, 2025. The company bought back 290,500 ordinary fully paid securities on the previous day, October 30, 2025. This brings the total number of securities bought back before that day to 16,343,436.

The total consideration paid for the securities bought back on the previous day was AUD 2,140,607.35. The highest price paid on the previous day was AUD 7.40, while the lowest price was AUD 7.33. The highest price allowed to be paid by the entity on the previous day under listing rule 7.33 was AUD 7.7371.

The company has a maximum of 124,654,944 securities proposed to be bought back. As of the end of the previous day, 112,852,116 securities remain to be bought back. The buy-back, which commenced on February 24, 2025, is scheduled to conclude on February 23, 2026, and is being conducted through Morgans Financial Limited.