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Airtel Africa Advances Share Buy-Back Program

Airtel Africa Advances Share Buy-Back Program

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

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Airtel Africa Plc, a major telecommunications and mobile money services provider, has announced the purchase and subsequent cancellation of 136,850 of its own ordinary shares at a volume-weighted average price of 110.62 GBp. This recent transaction is part of a larger share buy-back program initiated on 1 March 2024, under which the company has so far acquired a total of 12,935,532 shares. The buy-back reflects Airtel Africa’s ongoing strategy to enhance shareholder value.

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

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