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Australian Foundation Investment Company Limited (ASX:AFI)

ALERT: Price-sensitive ASX Announcement for AFI
Current share price for AFI : $6.860 -0.25 (-3.52%)+
Announcement
Release
21 Jan 2026 11:11AM
Price at Release
$7.110
Full Release
download
Summary
The Australian Foundation Investment Company Limited (AFI) has announced a new on-market buy-back of its ordinary fully paid shares, as detailed in their Appendix 3C. The company plans to buy back a maximum of 111,898,784 shares, with the process managed by Morgans Financial Limited. The buy-back will be conducted using Australian dollars and does not require security holder approval. The buy-back is part of AFI’s capital management strategy, with the buy-back period set to commence on February 11, 2026, and conclude on February 10, 2027.
Key Points
  • On-market buy-back of ordinary fully paid shares
  • Maximum of 111,898,784 shares to be bought back
  • Managed by Morgans Financial Limited
  • Buy-back consideration in Australian dollars
  • No security holder approval required
  • Buy-back period from February 11, 2026, to February 10, 2027
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.