ASX:AFICapital Markets
Did AFIC's Bigger Buyback and Higher Dividend Just Redefine Australian Foundation Investment's (ASX:AFI) Capital Priorities?
Australian Foundation Investment Company Limited has reported half-year 2025 results, with revenue of A$171.76 million and net income of A$146.89 million, alongside authorising a share buyback of up to 111,898,784 shares and declaring an ordinary dividend of A$0.145 per share payable in February 2026.
By pairing a large capital management initiative with a higher interim dividend after slightly lower earnings, the company is emphasising shareholder returns despite a modest year-on-year...