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Airtel Africa Buys Back More Shares Under $100m Programme

Story Highlights
  • Airtel Africa repurchased 125,000 shares at 321.55p, holding them as treasury stock.
  • Total voting rights fall to about 3.65 billion as buy-back reaches 42.8 million shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Airtel Africa Buys Back More Shares Under $100m Programme

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

Airtel Africa has executed another tranche of its ongoing share buy-back programme, repurchasing 125,000 ordinary shares on 5 February 2026 at a volume-weighted average price of 321.55p, with the stock to be held in treasury. Following this latest transaction, the company has 3,654,881,028 ordinary shares in issue, including 8,339,044 treasury shares, leaving 3,646,541,984 voting rights outstanding, while cumulative purchases since the start of the $100m programme in December 2024 now total 42,774,720 shares, underscoring management’s continued focus on returning capital to shareholders and potentially enhancing earnings per share.

The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 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 telecoms and mobile money services provider operating across multiple African markets, offering voice, data and mobile financial services to mass-market and emerging middle-class consumers. The group is listed in London and Lagos, giving it access to international and regional capital markets as it continues to invest in connectivity and digital payments across the continent.

Average Trading Volume: 5,865,135

Technical Sentiment Signal: Buy

Current Market Cap: £11.82B

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

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