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AFIC Updates on Market Buy-Back Program

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AFIC Updates on Market Buy-Back Program

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The latest announcement is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).

Australian Foundation Investment Company Limited has announced an update on its ongoing on-market buy-back program. As of September 30, 2025, the company has repurchased a total of 10,378,521 ordinary fully paid securities, including 69,700 securities bought back on the previous day. This buy-back initiative is part of AFIC’s strategy to enhance shareholder value by reducing the number of shares outstanding, potentially increasing earnings per share and providing a return of capital to shareholders.

More about Australian Foundation Investment Co. Ltd.

Australian Foundation Investment Company Limited (AFIC) operates in the investment industry, focusing on managing a diversified portfolio of Australian equities. It primarily invests in companies listed on the Australian Securities Exchange (ASX) and aims to provide shareholders with attractive investment returns through capital growth and dividends.

YTD Price Performance: 1.06%

Average Trading Volume: 497,836

Technical Sentiment Signal: Buy

For detailed information about AFI stock, go to TipRanks’ Stock Analysis page.

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