Airtel Africa Cancels Additional Shares as Buy-Back Reaches 41.5 Million

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

Airtel Africa has continued executing its $100m share buy-back programme, purchasing 40,000 ordinary shares on 22 January 2026 at a volume-weighted average price of 363.78p per share through Barclays Capital Securities across multiple European trading venues. The shares will be cancelled, reducing the company’s share count to 3.65 billion (with 3.65 billion voting rights), and bringing total repurchases since the programme began in December 2024 to 41.5 million shares, a capital management move that can enhance earnings per share and signal confidence in the group’s long-term prospects to investors.

The most recent analyst rating on (GB:AAF) stock is a Buy with a £405.00 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. It offers an integrated suite of mobile voice, data and domestic and international mobile money services, with a strategy centred on delivering strong customer experience and supporting its broader goal of transforming lives across the continent.

Average Trading Volume: 6,951,859

Technical Sentiment Signal: Buy

Current Market Cap: £12.99B

For detailed information about AAF stock, go to TipRanks’ Stock Analysis page.