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

Story Highlights
  • Airtel Africa repurchased 40,000 shares on 13 January 2026, continuing its buy-back programme.
  • Cancellation of repurchased shares trims share capital and may support earnings per share for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Airtel Africa Cancels Further Shares Under $100m Buy-Back Programme

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Airtel Africa Plc ( (GB:AAF) ) has provided an announcement.

Airtel Africa has continued to execute its previously announced share buy-back programme, repurchasing 40,000 ordinary shares on 13 January 2026 at prices between 355.80p and 366.00p per share, with a volume-weighted average price of 359.56p. The purchased shares will be cancelled, leaving 3,655,560,539 ordinary shares in issue (including 7,489,044 treasury shares) and 3,648,071,495 voting rights outstanding, a move that marginally reduces share capital and may enhance earnings per share for remaining investors; since the first tranche of the $100m programme began in December 2024, the company has bought back 41,245,209 shares in aggregate.

The most recent analyst rating on (GB:AAF) stock is a Hold with a £400.00 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 domestic and international mobile money services, with a strategy centred on enhancing customer experience and supporting its broader ambition of transforming lives across the continent.

Average Trading Volume: 6,863,316

Technical Sentiment Signal: Buy

Current Market Cap: £13.32B

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

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