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Airtel Africa Cancels New Batch of Shares Under $100m Buy-Back Programme

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Airtel Africa Cancels New Batch of Shares Under $100m Buy-Back Programme

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Airtel Africa Plc ( (GB:AAF) ) just unveiled an update.

Airtel Africa plc has repurchased 40,000 of its own ordinary shares on 8 January 2026 as part of its ongoing $100 million share buy-back programme, at prices ranging between 365.80p and 374.40p and a volume-weighted average price of 370.37p. The shares will be cancelled, reducing the number of ordinary shares in issue to 3,655,680,539 (of which 7,489,044 are held in treasury) and setting total voting rights at 3,648,191,495, a figure shareholders can use for regulatory disclosure thresholds; since the programme’s first tranche began in December 2024, the company has bought back over 41.1 million shares, signalling continued capital management efforts that may support earnings per share and shareholder value.

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 plc 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 strategic focus 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

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

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