Australian Foundation Investment Co. Ltd. ( (AU:AFI) ) has provided an announcement.
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. As of February 26, 2025, the company has repurchased a total of 5,056,813 ordinary fully paid securities, with 30,586 bought back on the previous day. This buy-back initiative is part of the company’s strategy to optimize capital structure 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. It primarily invests in a range of sectors to provide shareholders with capital growth and dividend income.
Technical Sentiment Consensus Rating: Buy
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