Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has issued an announcement.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing on-market buy-back program. As of February 25, 2025, the company has repurchased a total of 5,026,227 ordinary fully paid securities, including 195,119 bought back on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively and potentially enhance shareholder value.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited operates in the investment industry, focusing on managing a diversified portfolio of Australian equities. The company primarily invests in a range of sectors to provide shareholders with capital growth and income through dividends.
Technical Sentiment Consensus Rating: Buy
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