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

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

Airtel Africa has continued its ongoing $100m share buy-back programme, repurchasing 40,000 ordinary shares on 28 January 2026 at prices between 350.60p and 358.80p per share through Barclays Capital Securities, with the shares to be cancelled. Following this latest transaction, the company’s issued share capital stands at 3,655,121,028 ordinary shares, including 7,489,044 treasury shares, giving a total of 3,647,631,984 voting rights, a capital structure update that provides investors with an updated basis for calculating disclosure thresholds and underscores Airtel Africa’s continued effort to return capital to shareholders and manage its 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 provider of telecommunications and mobile money services operating in 14 countries across sub-Saharan Africa, offering integrated mobile voice, data and mobile money solutions to consumers and businesses with a strategic focus on customer experience and digital financial inclusion across its footprint.

Average Trading Volume: 6,907,191

Technical Sentiment Signal: Buy

Current Market Cap: £13.01B

For a thorough assessment of AAF stock, go to TipRanks’ Stock Analysis page.