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Airtel Africa Cancels New Tranche of Shares Under Ongoing Buy-Back

Story Highlights
  • Airtel Africa repurchased 40,000 shares on 19 January 2026, which will be cancelled to reduce its share capital.
  • Total voting rights now stand at about 3.65 billion shares, reflecting continued execution of Airtel Africa’s $100m buy-back programme.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Airtel Africa Cancels New Tranche of Shares Under Ongoing Buy-Back

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

Airtel Africa has continued executing its share buy-back programme, repurchasing 40,000 ordinary shares on 19 January 2026 at prices between 356.00p and 362.20p, with a volume-weighted average price of 359.12p. The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 3,655,401,028 (including 7,489,044 treasury shares) and setting the company’s total voting rights at 3,647,911,984, a key reference point for investors monitoring disclosure thresholds under UK transparency rules; in total, since the first tranche of its $100m buy-back began in December 2024, Airtel Africa has acquired 41,404,720 shares, signalling an ongoing commitment to capital return and balance-sheet optimisation.

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 is a leading telecommunications and mobile money services provider operating in 14 countries across sub-Saharan Africa. The company offers integrated mobile voice, data and mobile money services for both national and international use, with a strategic focus on customer experience and its broader goal of transforming lives across the continent.

Average Trading Volume: 6,915,388

Technical Sentiment Signal: Buy

Current Market Cap: £13.05B

Learn more about AAF stock on TipRanks’ Stock Analysis page.

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