The latest update is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).
Australian Foundation Investment Company Limited has announced an update regarding its ongoing share buy-back program. As of March 19, 2025, the company has repurchased a total of 7,229,656 ordinary fully paid securities, with an additional 181,699 securities bought back on the previous day. This buy-back initiative is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, which can potentially increase earnings per share and improve stock price stability.
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 aims to provide shareholders with attractive investment returns through a combination of capital growth and dividends.
Technical Sentiment Consensus Rating: Buy
Learn more about AFI stock on TipRanks’ Stock Analysis page.
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