Companies / AFG

AUSTRALIAN FINANCE GROUP LTD

ASX:AFGFinancial Services
263.7M shares on issueASX (delayed) · snapshot 28 Oct 2026269.2M fully diluted+2.1% if every option and right converts$1.45price · delayed$374.5MMarket capAt the previous close. On a day the price moves, shares × today’s price will differ. Prices delayed.

Today’s holders own 98.0% of what they think they own, once every option and right converts.

Minimal
Dilution risk

No major dilution pressure signals in current disclosures

MinimalVery high
Absolute levels — not a ranking against other companies.
Cash runwayno data — a bank, lender, insurer, property or investment vehicle: operating cash flow is not a spend rate, so no funding runway applies
Share-count growth (24m)-0.4%measured to the latest Appendix 2A, not to the share count above
Raise cadence (24m)0 cash raises
Options & rights overhang2.1% of shares
In-the-money supplyno data — no exercise price on record
Pending proposed issuesnone
Buying back9.0M shares (3.3% of issue)last bought 25 Sep 2026

As of October 2026, its latest share-count filing, AUSTRALIAN FINANCE GROUP LTD had 264M ordinary shares. No share-count change figure is available because the Appendix 2A filings series ended before the latest market reading. The company has not raised capital through a placement, rights issue or share purchase plan in the past 24 months. Options and rights on issue could convert into 5M new shares, equal to 2.1% of the current share count, of which none are in the money; no expiry date is on record for these securities. The company is a financial institution and therefore no funding-runway figure applies. No proposed securities issues are pending.

AI-generated summary of this page's cited filings · updated 22 Oct 2026
Quick answers · 2

How much placement capacity does AFG have left?

None of the 15% placement capacity counted as used in the last 12 months (estimate). Under ASX Listing Rule 7.1 a company may place up to 15% of its shares in 12 months without shareholder approval.

How many options and rights does AFG have outstanding?

Unexercised options and rights equal 2.1% of Australian Finance Group's shares on issue.

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2.1%
Options & rights overhang
—
In the moneyAn option whose exercise price is below the last closing share price, so converting it pays. These are the options most likely to become new shares soon. supply · no stated strikes
0
Raises · last 12 months
—
Cash cover · no runway frame

Shares on issue — last 2 years

Ordinary shares on issue
Weekly counts from ASX records. Dots mark cash capital raises. Latest count 263.7M per ASX (delayed) (snapshot 28 Oct 2026).
265.0M267.5M270.0MDec 24Nov 25Oct 26buy-back263.7M
On-market buy-back
since 2 June 2026 · last bought 25 Sept 2026 (33 days ago)
9.0M shares bought — 3.3% of the 271.8M on issue, $13.6M spent · programme cap 9.7M shares.

Cumulative figures as stated by the company on its daily notice. Latest notice

Cash runway

No cash runway. This company is a bank, lender, insurer, property or investment vehicle: its operating cash flow is loans, deposits, inventory or portfolio purchases rather than a spend rate, so a funding runway does not apply.

Issuance timeline

Latest 5 filings (Appendix 2AThe form a company lodges to have new securities quoted on the ASX. It restates how many of each class are on issue. quoted issues, 3G unquoted, 3H cancellations)

DateFormSecurityOn issue, per this filingSource
22 Oct 20263G · unquotedAFG : ORDINARY FULLY PAID263.7MAppendix 3G
2 Oct 20263H · cancellationAFG : ORDINARY FULLY PAID263.7MAppendix 3H
3 Sept 20263H · cancellationAFG : ORDINARY FULLY PAID270.3MAppendix 3H
27 Aug 20263H · cancellationAFG : ORDINARY FULLY PAID270.7MAppendix 3H
26 Aug 20263H · cancellationAFG : ORDINARY FULLY PAID269.8MAppendix 3H
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13 filings on record — Full issuance history
Every quoted and unquoted issue and cancellation on record, plus unquoted securities (Appendix 4.2).
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Securities on issue over time

Ordinary shares and every option and rights class, month by month over two years. The top edge is the fully diluted count.

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Securities on issue, by class
How the share count and each option and rights class moved, month by month, with every number in a table.
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Capital raises

No equity raises in the last 24 months.
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Full raise history
Issue price, shares issued, brokers and stated purpose for every raise on record.
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Forward supply

Every dated event on record that could add securities to the register — option expiries to their stated dates and proposed issues over the next 18 months, on one timeline.

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Forward supply calendar
Option expiries and proposed issues on one forward timeline, with the securities each could add.
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Placement capacity

How much stock a company can place without asking holders. Listing Rule 7.1 / 7.1ARule 7.1 lets a company issue up to 15% of its shares in 12 months without a shareholder vote. Rule 7.1A adds 10% for smaller companies whose holders approve it. allows 15% of ordinary securities in any 12 months, and every Appendix 3BNotice that a company proposes to issue new securities, such as a placement. The securities are not on issue until a later filing confirms it. states how much of it an issue uses.

No Appendix 3B in the last 12 months reports an issue under the 15% placement capacity (as at 2026-10-28).
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Placement capacity — LR 7.1 / 7.1A
The filings behind the figure: every Appendix 3B in the window with what it says was issued under 7.1 and 7.1A, each row linked to its filing, and how many shares are left.
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Pending proposed issues

No proposed issues (Appendix 3B) currently pending.

Options & convertible securities

2.1%
Options & rights overhang · of current shares
—
In-the-money supply · no stated strikes
5.5M
Potential new shares
—
Nearest expiry
What a price move would switch on

No option supply on record carries an exercise price to pay, so no share price switches any of it on. All 5.5M of it converts on something else — a hurdle that may never be met, or terms the filing does not price.

CodeSecurityTypeExercise priceExpiryOn issueSource
AFGAJPerformance rightsCondition-triggered——5.5MFiling Meeting
2.0M of the 5.5M granted 22 Oct 2026: conditions on a financial target. Terms

“Nil” is a stated nil exercise price: nothing is paid to convert. An em dash means the filing names no exercise price at all. Security is read from the filing’s own class description; an em dash there means the description is not one this table labels. One row is one security class, at the number stated in the most recent quotation application that restated it — linked, and dated, in the last column. For what expires soon across other listed companies, see the options expiry calendar.

A line under a class is a grant of rights into it, as read from the company’s own filings: its size, any share-price or market-cap hurdles, and the other kinds of condition it carries. A grant is often only part of the class, so its terms say nothing about the rest. Whether a hurdle has been met is not shown.

A condition-triggered class has no exercise price and usually no expiry: what it vests on is set by a shareholder resolution, not by the register. Where the company lodged a notice of meeting before the class first appears here, it is linked as “Meeting” — that is where terms of this kind are put to shareholders. It is not confirmation that the document sets this class’s conditions, and no link appears where there is no such filing.

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1 option line on record — In-the-money value & price ladder
What each line is worth in the money today, the price ladder to the next tranche that converts, and the filing description behind every code.
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1 grant on record — Vesting terms, tranche by tranche
Every tranche of every grant above: what it vests on, in the filing's own words, with the quote and the document.
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Director dealings

DateDirectorTypeSharesOptionsOtherValueSource
21 Oct 2026David FlynnBuy on-market43k——$59k3Y notice
9 Sept 2026Craig Gillen CarterBuy on-market50k——$71k3Y notice
8 Sept 2026David FlynnBuy on-market50k——$74k3Y notice
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13 notices on record — Full dealing history
Every change-of-director's-interest notice on record, with direction and consideration.
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Ownership

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Top-20 holders & substantial holder notices
Top-20 register snapshot and substantial-holder movements, each linked to its source notice.
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Latest announcements

Headlines link to the source PDFs on the ASX announcements platform. Data as of 28 Oct 2026.