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Airtel Africa Cancels Additional Shares Under $100m Buy-Back Programme

Story Highlights
  • Airtel Africa repurchased 40,000 shares on 20 January 2026, which will be cancelled.
  • Total buy-backs now exceed 41 million shares, tightening equity base and voting rights count.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Airtel Africa Cancels Additional Shares Under $100m Buy-Back Programme

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An announcement from Airtel Africa Plc ( (GB:AAF) ) is now available.

Airtel Africa has continued to execute its ongoing share buy-back programme, repurchasing 40,000 ordinary shares on 20 January 2026 at a volume-weighted average price of 354.73 pence per share through Barclays Capital Securities. The shares will be cancelled, reducing the number of ordinary shares in issue to 3.66 billion (of which around 7.5 million are held in treasury) and setting the company’s total voting rights at 3.65 billion, a key reference point for investors monitoring disclosure thresholds. Since the first tranche of its $100m buy-back was launched in December 2024, Airtel Africa has now repurchased a total of 41.44 million shares, signalling continued capital management efforts that may support earnings per share and underscore management’s confidence in the business.

The most recent analyst rating on (GB:AAF) stock is a Buy with a £403.00 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. The company offers an integrated suite of mobile voice, data and digital financial services to consumers and businesses, with a strategy focused on enhancing customer experience and supporting its broader goal of transforming lives across the continent.

Average Trading Volume: 6,931,150

Technical Sentiment Signal: Buy

Current Market Cap: £13.11B

Find detailed analytics on AAF stock on TipRanks’ Stock Analysis page.

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