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Airtel Africa Cancels 40,000 Shares in Ongoing $100m Buy-Back Programme

Story Highlights
  • Airtel Africa repurchased 40,000 shares on 9 January 2026 under its ongoing buy-back programme.
  • Cancellation of these shares slightly reduces share count, increasing voting concentration for remaining investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Airtel Africa Cancels 40,000 Shares in Ongoing $100m Buy-Back Programme

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

Airtel Africa has executed another tranche of its ongoing share buy-back programme, repurchasing 40,000 ordinary shares on 9 January 2026 at a volume-weighted average price of 364.71 pence per share through Barclays Capital Securities across multiple trading venues. The repurchased shares will be cancelled, reducing the total shares in issue to 3,655,640,539 and voting rights to 3,648,151,495, a move that marginally enhances existing shareholders’ proportional stakes; since the start of the first $100m buy-back tranche in December 2024, the company has acquired over 41.1 million shares, signalling continued capital return and balance sheet management in support of shareholder value.

The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 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.

Airtel Africa’s strong earnings call performance and positive technical indicators are offset by financial risks related to high leverage and declining revenue. The stock’s valuation appears high, limiting its attractiveness. While the company shows potential for growth, addressing leverage and revenue challenges is crucial for improving its financial health.

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

More about Airtel Africa Plc

Airtel Africa plc is a leading telecommunications and mobile money services provider operating in 14 countries across sub-Saharan Africa, offering integrated mobile voice, data and domestic and international mobile money services with a strategic focus on customer experience and its stated purpose of transforming lives across the continent.

Average Trading Volume: 6,854,999

Technical Sentiment Signal: Buy

Current Market Cap: £13.32B

See more data about AAF stock on TipRanks’ Stock Analysis page.

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