Latest Australian Equity Market News

Downer EDI Limited has announced an on-market buy-back of up to 33.6 million ordinary shares, set to run from September 2025 through June 2026. The move signals a strategic capital management initiative without requiring shareholder approval.

BKI Investment Company Limited reported a 4% decline in net profit for FY2025, driven by lower special investment revenue despite a 1% rise in ordinary revenue. The company declared a fully franked final dividend of 4.00 cents per share, maintaining a steady income stream for shareholders.

S&P Dow Jones Indices has announced its June 2025 quarterly rebalance, with notable additions and removals across major S&P/ASX indices effective June 23. These changes reflect evolving market dynamics and could influence investor portfolios.

Australian Foundation Investment Company (AFIC) reported a 2.7% rise in half-year profit to $154.2 million and increased its interim dividend to 12 cents per share, while its portfolio outpaced the S&P/ASX 200 over the past year.