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Airtel Africa Advances Share Buy-back Programme

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Airtel Africa Advances Share Buy-back Programme

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

Airtel Africa Plc has announced the purchase and cancellation of 500,000 of its ordinary shares as part of its ongoing share buy-back programme. The initiative, which began on 23 December 2024, has seen the company acquire a total of 14,785,032 shares at an average price of 118.3815 GBp per share, a move that is aimed at consolidating its share value and returning capital to shareholders.

More about Airtel Africa Plc

Airtel Africa Plc operates in the telecommunications industry, providing a range of mobile and data services across 14 countries in Africa. It focuses on enhancing connectivity and increasing access to telecommunication services in the continent.

YTD Price Performance: 11.80%

Average Trading Volume: 3,972,877

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £4.66B

See more insights into AAF stock on TipRanks’ Stock Analysis page.

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