ASX:AFICapital Markets
Assessing Australian Foundation Investment’s Valuation As Buy-Back Activity And NTA Update Shape Market View
Why AFIC’s buy-back and NTA update matter for investors
Australian Foundation Investment (ASX:AFI) is actively buying back its own shares, with more than 8.5 million already repurchased, while also updating investors on its latest net tangible asset backing per share.
See our latest analysis for Australian Foundation Investment.
AFIC’s ongoing buy-back and recent NTA update come against a softer share price backdrop, with a 30-day share price return decline of 3.24% and a 90-day share price...