ASX:AFICapital Markets
Is AFI’s Large Buyback Amid Softer Earnings Altering The Investment Case For Australian Foundation (ASX:AFI)?
Australian Foundation Investment Company Limited reported half-year 2025 results on 21 January 2026, with revenue of A$171.76 million and net income of A$146.89 million, both slightly lower than the prior corresponding period.
On the same day, the company launched a substantial on-market share buyback of up to 111,898,784 shares, or 8.93% of issued capital, signalling an active approach to capital management through to February 2027.
We’ll now examine how this sizeable buyback authorization,...