Airtel Africa Advances Share Buy-Back Program

Airtel Africa Plc (GB:AAF) has released an update.

Airtel Africa Plc has announced the buy-back of 300,000 of its ordinary shares at a volume-weighted average price of 109 GBp, with the highest price at 110.35 GBp and the lowest at 107.50 GBp, as part of its repurchase program initiated on March 1, 2024. The aggregate shares bought since the program’s start totals 12,442,962 at an average price of 99.23 GBp per share. These repurchased shares will be subsequently cancelled as part of the company’s effort to return value to shareholders.

For further insights into GB:AAF stock, check out TipRanks’ Stock Analysis page.