Latest Australian Foundation Investment Company (ASX:AFI) News

Banks, fund managers and lenders drove a busy week as buy-backs, dividends, capital raisings and one big profit warning pulled prices in opposite directions. Judo Bank slumped, while AI-linked fund launches and buy-back plans helped lift selected names.

Australian Foundation Investment Company (ASX:AFI) plans a fully franked 14.5 cents per share final dividend alongside a 2.5 cents special dividend, subject to market conditions, while maintaining its on-market share buy-back.

Big gains hit wealth platforms while Zip swung the other way as early optimism didn’t stick. Dividends and buy-backs kept coming, but investors still punished stocks where the next step looks unclear.

Australian Foundation Investment Company (AFIC) announces the retirement of long-serving CEO Mark Freeman and the appointment of Alison Gibson as his successor, marking a significant leadership transition for the $12 billion investment firm.

Takeover chatter lit up Pepper Money, while Identitii ran hard after a regulator stepped in. At the other end, AMP slid despite higher profit, as investors weighed leadership change and legal costs.

Australian Foundation Investment Company Limited has updated its interim and special dividend details, including foreign currency exchange rates and pricing for its Dividend Reinvestment and Substitution Share Plans.

A control fight and a big private equity payout topped this week’s finance moves, while several small-cap lenders and fund managers slid hard. Platform operators kept printing inflows, but investors stayed quick to punish anything that looked uncertain.

Australian Foundation Investment Company Limited has announced a fresh on-market buy-back program for up to 111.9 million ordinary shares, aiming to optimise its capital structure over the next year.

Australian Foundation Investment Company reports a 4.6% decline in half-year profit but sustains its interim dividend with a special payout, while portfolio returns lag the benchmark.

Australian Foundation Investment Company plans special fully franked dividends alongside its 2026 interim and final payouts, leveraging a strong franking credit balance.

Australian Foundation Investment Company Limited (AFIC) reported a $285 million net profit for FY2025, declaring a fully franked 14.5c final dividend plus a 5c special dividend tied to capital gains from portfolio adjustments.

Australian Foundation Investment Company Limited has updated its interim dividend announcement, detailing foreign currency exchange rates and pricing for its Dividend Reinvestment and Substitution Share Plans. The fully franked dividend of AUD 0.12 per share is set for payment on February 25, 2025.