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

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

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

Airtel Africa has continued executing its share buy-back programme, repurchasing 40,000 ordinary shares on 27 January 2026 at a volume-weighted average price of 360.69 pence per share under its existing mandate with Barclays Capital Securities. The purchased shares will be cancelled, reducing the number of shares in issue to 3,655,161,028 (of which 7,489,044 are held in treasury) and setting total voting rights at 3,647,671,984, a change relevant for shareholders’ disclosure calculations under UK transparency rules; since the start of the first $100m tranche in December 2024, the company has bought back 41,644,720 shares in aggregate, signalling ongoing capital management and potential enhancement of shareholder value through a smaller equity base.

The most recent analyst rating on (GB:AAF) stock is a Buy with a £404.00 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, offering an integrated suite of mobile voice, data and domestic and international mobile money services. The group’s strategy centres on delivering strong customer experience across its footprint while supporting its broader purpose of transforming lives in Africa.

Average Trading Volume: 6,979,198

Technical Sentiment Signal: Buy

Current Market Cap: £13.01B

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

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