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Airtel Africa Cancels Fresh Tranche of Shares in Ongoing Buy-Back

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Airtel Africa Cancels Fresh Tranche of Shares in Ongoing Buy-Back

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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 7 January 2026 at prices between 366.60p and 374.60p per share, with a volume-weighted average of 372.58p. The repurchased shares will be cancelled, leaving 3,655,720,539 ordinary shares in issue, of which 7,489,044 are held in treasury, implying 3,648,231,495 voting rights that investors can use as a reference for regulatory disclosure thresholds; in total, since the programme began in December 2024, the company has bought back 41,085,209 shares, reflecting its continued focus on capital returns and balance-sheet optimisation for shareholders.

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 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 mobile money services for both national and international customers, with a strategy centred on enhancing customer experience and supporting its broader goal of transforming lives across the continent.

Average Trading Volume: 6,518,762

Technical Sentiment Signal: Buy

Current Market Cap: £13.41B

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

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