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

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

Airtel Africa has repurchased 40,000 of its own ordinary shares on 23 January 2026 under its ongoing $100m share buy-back programme, at a volume-weighted average price of 362.18 pence per share, with all repurchased shares to be cancelled. Following this latest tranche, the company has reduced its outstanding share count to 3,655,241,028 shares (of which 3,647,751,984 carry voting rights), and has cumulatively bought back 41,564,720 shares since the programme began, a move that tightens the free float and may enhance earnings per share and shareholder value while signalling continued management 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, offering integrated mobile voice, data and domestic and international mobile money services, with a strategic focus on enhancing customer experience and supporting its purpose of transforming lives across the continent.

Average Trading Volume: 6,975,490

Technical Sentiment Signal: Buy

Current Market Cap: £13.13B

For an in-depth examination of AAF stock, go to TipRanks’ Overview page.