Australian Foundation Investment (ASX:AFI, NZE:AFI) repurchased 303,000 of its ordinary shares for nearly AU$2 million, as part of an on-market buyback, according to a Friday filing with the Australian and New Zealand bourses.
The company plans to repurchase a total of 111.9 million of its ordinary shares, the filing said.
MotorCycle Holdings (ASX:MTO) said that Chief Financial Officer Nicole Spink will step down, effective May 31, according to a Friday Australian bourse filing.John Wadley has been appointed CFO of the company, effective June 1, the filing said.Wadley most recently served as CFO of IPH (ASX:IPH), the filing added.
Bubs Australia (ASX:BUB) expects fiscal 2026 underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) of about AU$4 million to AU$8 million on revenue of AU$105 million to AU$115 million, according to a Friday filing with the Australian bourse.The company previously forecast fiscal year 2026 underlying EBITDA of AU$6.1 million on net revenue of AU$120 million to AU$125 million, according to a November 2025 filing.The company said it has worked to mitigate the impact of a range of external factors, including a shifting regulatory environment, product availability constraints, the Middle East conflict, and competitive pressures."That has meant carrying additional costs in the short term, but it has also allowed us to move quickly and position the business to meet our growth ambitions," said CEO Joe Coote.
The U.S. and Iran have tentatively agreed to extend a ceasefire for two months while initiating new negotiations over Tehran's nuclear program, fueling optimism that the ongoing three-month conflict may soon end, Bloomberg News reported on Thursday, citing a source familiar with the discussions.The anonymous source confirmed a prior Axios report, though President Donald Trump has not yet signed off on the terms, the newswire said.While both sides have previously celebrated progress and Trump has often claimed a deal was imminent, the impasse has repeatedly persisted, the publication said.Vice President JD Vance told reporters that the two nations are exchanging proposals on specific language regarding Iran's nuclear capabilities, and noted that Iran appears to be engaging in good faith, with tangible progress underway, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)