Australian Foundation Investment Company updates on share buy-back program

Australian Foundation Investment Company Limited (AFI) announced a daily buy-back notification on November 7, 2025, confirming its continued on-market buy-back program. As of November 6, 2025, the company bought back 192,400 securities for a total of AUD 1,419,180.88. The highest price paid on the day was AUD 7.40, and the lowest was AUD 7.35.

Before November 6, 2025, AFI had bought back 17,594,334 securities, with a cumulative consideration of AUD 129,213,913.90. The proposed buy-back is scheduled to run from February 24, 2025, to February 23, 2026. AFI intends to buy back a maximum of 124,654,944 securities, with 111,699,318 securities remaining to be bought back as of the end of November 6, 2025. Morgans Financial Limited is facilitating the buy-back.

This announcement refreshes AFI's on-market buy-back facility for capital management purposes. The company's total securities on issue in the class subject to the buy-back are 1,246,549,445. The highest price allowed to be paid by AFI on November 6, 2025, under listing rule 7.33 was AUD 7.735.