On-Market Share Buyback
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| Stock | Australian Finance Group Ltd (AFG.ASX) |
|---|---|
| Release Time | 2 Jun 2026, 11:03 a.m. |
| Price Sensitive | Yes |
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AFG Announces $15M Share Buyback
Key Points
- AFG initiates a $15M share buyback program
- Reflects confidence in earnings and balance sheet
- Buyback aims to create value for shareholders
- Will not affect strategic objectives or dividend policy
Full Summary
Australian Finance Group Ltd (ASX: AFG) has announced the commencement of an on-market share buyback program of up to $15 million. This initiative is intended to complement the company's capital management strategy and reflects the Board's confidence in AFG's earnings, balance sheet, and growth opportunities. The buyback aims to create value for continuing shareholders while preserving the company's capacity to execute on its strategic priorities. The program will be funded from operating cash flow and is not expected to impact AFG's dividend policy.
Guidance
Buyback of up to $15M, 9,740,260 shares
Outlook
AFG expects the buyback to create value for shareholders, reflecting confidence in its earnings and balance sheet.
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