AFIC provides buy-back update as facility nears half-way mark

Australian Foundation Investment Company Limited (AFI) has issued an update regarding its on-market buy-back. The company reported buying back 220,000 securities on November 7, 2025, bringing the total number of securities bought back before that day to 17,786,734. The consideration paid for the previous day's buy-back amounted to AUD 1,620,894.

The highest price paid on November 7 was AUD 7.39, with the lowest price recorded at AUD 7.34. The highest price allowed under listing rule 7.33 on the previous day was AUD 7.7374. As of the end of the previous day, 111,479,318 securities remain to be bought back, out of a proposed maximum of 124,654,944.

This announcement refreshes the company's buy-back facility, which commenced on February 24, 2025, and is scheduled to conclude on February 23, 2026. Morgans Financial Limited is the broker facilitating these transactions.