Please check the following:
- {{error.value}}
FREE membership
FREE membership
Join InvestSMART today
{{ twilioFailed ? 'SMS Code Failed to Send…' : 'Enter verification code' }}
Please enter the 5 digit verification code sent to "{{user.DayPhone}}" Change number
We cannot send you a verification code via SMS to "{{user.DayPhone}}" Change number
{{ completedStep1 ? 'Start your free 15 day trial now' : content.trialHeading.replace('{0}', user.FirstName) }}
Please enter your mobile number and press send to receive a text message with a verification code.
{{ content.upgradeHeading.replace('{0}', user.FirstName) }}
The email address you entered is registered with InvestSMART
Please login to continue
Thank you
We have sent you an email with the details of your registration.
Purchase order
Sign up
OR
Sign up with
Login with
By continuing, you agree to our
Log in
Your account has been locked.
Please contact our {{ isPMAUser ? 'Portfolio Services' : 'Customer Service' }} Team:
- Call 1300 880 160
Looks you are already a member. Please enter your password to proceed
OR
Sign up with
Login with
By continuing, you agree to our
{{ upgradeCTAText }}
Updating information
Please wait ...
Your membership to InvestSMART Group recently failed to renew.
Please make sure your payment details are up to date to continue your membership.
Having trouble renewing?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
You've recently updated your payment details.
It may take a few minutes to update your subscription details, during this time you will not be able to view locked content.
If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in.
Still having trouble viewing content?
Please contact Member Services on support@investsmart.com.au or 1300 880 160
Please click on the ACTIVATE button to activate your Intelligent Investor 15-day free trial
Please click on the ACTIVATE button to finalise your membership
Log in
Your account has been locked.
Please contact our {{ isPMAUser ? 'Portfolio Services' : 'Customer Service' }} Team:
- Call 1300 880 160
OR
Sign up with
Login with
By continuing, you agree to our
Upgrade Today
Unsuccessful registration
Registration for this event is available only to Eureka Report members. View our membership page for more information.
Registration for this event is available only to Intelligent Investor members. View our membership page for more information.
{{eventFunction.Name}}
{{eventFunction.EventTypeName}}
{{eventFunction.StartDate}}
{{eventFunction.EventTimings}}
{{eventFunction.VenueName}}
{{ t.Cost === 0 ? "FREE" : "$" + t.Cost.toFixed(2) }}
Quantity *
- You are already registered for this event.
- This event is already full.
- Please select a quantity for at least one ticket.
- {{ i }}
Forgotten password
Please enter your email address below to request a new password
Check your inbox
- Verify your email address by clicking on the link we sent to {{user.Email}}
- You now have free access, we look forward to helping you on your financial journey.
Australian Finance Group Ltd (ASX:AFG)
ALERT: Price-sensitive ASX Announcement for AFG
Current share price for AFG : $1.685 0.215 (14.63%)+
Announcement
Release
2 Jun 2026 11:03AM
Price at Release
$1.470
Full Release
Summary
Australian Finance Group Ltd (AFG) announced the commencement of an on-market share buy-back program, valued up to $15 million, as part of its capital management strategy. This move reflects the Board's confidence in the company's earnings quality, balance sheet strength, and growth opportunities. The buyback will enhance shareholder value while ensuring that AFG maintains the capacity to pursue its strategic priorities. The program will be funded from operating cash flow and is not expected to affect the company's dividend policy. The buyback will run from 16 June 2026 to 15 December 2026 and aims to acquire up to approximately 9,740,260 shares, representing about 3.5% of the company’s current issued capital. The Board will regularly review the pace of the buyback considering market conditions and other potential capital uses.
Key Points
- Australian Finance Group Ltd (AFG) announces an on-market share buy-back program
- Buyback program up to $15 million to complement capital management strategy
- Reflects the Board's confidence in AFG's earnings and growth opportunities
- AFG's role in Australia’s financial system highlighted
- Buyback intended to create value for shareholders and support strategic priorities
- CEO David Bailey mentions market volatility's impact on share price
- Buyback funded from operating cash flow, not affecting dividend policy or strategic objectives
- Maximum of approximately 9,740,260 shares to be acquired under the Buyback
- Buyback period from 16 June 2026 to 15 December 2026
- Board to review Buyback pace based on market conditions and capital requirements
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
Proudly
We're here to help
Call 1300 880 160
Start a chat
Schedule a call
