Australian Foundation Investment Company updates on buy-back and director holdings

Australian Foundation Investment Company (AFIC) announced daily buy-back notifications from October 27 to October 31, 2025. On October 27, 223,460 shares were bought back at prices between AUD 7.34 and AUD 7.40. On October 28, 357,495 shares were bought back, with prices ranging from AUD 7.36 and AUD 7.41. On October 29, 290,988 shares were repurchased, with prices between AUD 7.36 and AUD 7.41. On October 30, 364,500 shares were bought back at prices from AUD 7.35 and AUD 7.39. Finally, on October 31, 290,500 shares were bought back, with prices from AUD 7.33 and AUD 7.40.

The company also disclosed changes in director interests. Rebecca Dee-Bradbury acquired 6,080 ordinary shares on October 24, 2025, for AUD 7.35 per share, increasing her total holding to 21,850 shares across two indirect interests. Richard Murray also had changes in his indirect interests between October 23-28, 2025, acquiring 11,000 shares at AUD 7.33 and 400 shares at AUD 7.38, while disposing of 400 shares at AUD 7.38 and 74 shares at AUD 7.39. These transactions resulted in a total holding of 19,043 shares across various indirect interests for Mr. Murray.

AFIC released its estimated net tangible asset (NTA) backing per share for October 24 and October 31, 2025. As of October 24, the pre-tax NTA per share was estimated at AUD 8.29, with an AFI share price of AUD 7.38. By October 31, the estimated pre-tax NTA per share had decreased to AUD 8.12, and the AFI share price was AUD 7.45. The buy-back facility commenced on February 24, 2025, and is set to conclude on February 23, 2026.