The latest announcement 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. The update corrects the maximum price payable per day for the buy-back to 7.7740 AUD, with all other information remaining unchanged. The company has bought back a total of 4,831,108 securities before the previous day and 195,119 securities on the previous day. This buy-back initiative is part of the company’s strategy to manage its capital structure and enhance shareholder value.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited operates in the investment industry, focusing on providing investors with diversified exposure to Australian equities. The company primarily invests in a diversified portfolio of Australian companies, aiming to provide shareholders with attractive investment returns through a combination of capital growth and dividends.
Technical Sentiment Consensus Rating: Buy
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