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Airtel Africa Buys Back 300,000 Shares Under Ongoing $100m Programme

Story Highlights
  • Airtel Africa repurchased 300,000 shares on 3 February 2026 under its ongoing buy-back programme.
  • The company now has about 3.65 billion shares in issue and 3.65 billion voting rights outstanding after these treasury purchases.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Airtel Africa Buys Back 300,000 Shares Under Ongoing $100m Programme

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The latest update is out from Airtel Africa Plc ( (GB:AAF) ).

Airtel Africa has continued executing its previously announced share buy-back programme, repurchasing 300,000 ordinary shares on 3 February 2026 at prices between 323.20p and 332.60p per share, with a volume-weighted average price of 325.78p. The shares, acquired via Barclays Capital Securities across major European trading venues, will be held in treasury, leaving 3,654,881,028 ordinary shares in issue (including 8,089,044 in treasury) and 3,646,791,984 voting rights outstanding; cumulatively since the first tranche of the $100m programme began in December 2024, the company has bought back 42,524,720 shares, a capital management move that can enhance earnings per share and adjust its free float and shareholder ownership dynamics.

The most recent analyst rating on (GB:AAF) stock is a Hold with a £338.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.

Spark’s Take on GB:AAF Stock

According to Spark, TipRanks’ AI Analyst, GB:AAF is a Neutral.

The score is driven mainly by strong operating profitability and cash generation, supported by a constructive earnings call highlighting continued growth and improving finance metrics. Offsetting factors are balance-sheet leverage and historical earnings volatility, plus weak technical positioning (below key moving averages) and a relatively high P/E with only a modest dividend yield.

To see Spark’s full report on GB:AAF stock, click here.

More about Airtel Africa Plc

Airtel Africa plc is a telecommunications and mobile money services provider operating across multiple African markets, offering voice, data and digital financial services to retail and business customers, and is listed in both London and Lagos, giving it access to international and regional capital markets.

Average Trading Volume: 5,955,785

Technical Sentiment Signal: Buy

Current Market Cap: £11.92B

For a thorough assessment of AAF stock, go to TipRanks’ Stock Analysis page.

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