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Australian Foundation Investment Co. Updates Buy-Back Progress
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Australian Foundation Investment Co. Updates Buy-Back Progress

Australian Foundation Investment Co. Ltd. (AU:AFI) has released an update.

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Australian Foundation Investment Company Limited has announced a recent update on its ongoing buy-back program, revealing that 165,521 ordinary fully paid securities were repurchased on the previous day, adding to a total of over 4.28 million securities bought back so far. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure.

For further insights into AU:AFI stock, check out TipRanks’ Stock Analysis page.

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