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Airtel Africa Plc ( (GB:AAF) ) has provided an update.
Airtel Africa has repurchased 60,000 of its own ordinary shares on 2 March 2026 under its ongoing share buy-back programme, at prices ranging between 342.40p and 359.20p and a volume-weighted average price of 353.57p. The shares will be held in treasury, leaving 3,654,881,028 ordinary shares in issue, of which 9,438,490 are treasury shares, and 3,645,442,538 voting rights for investors to use in regulatory disclosure calculations.
The purchases were executed by Barclays Capital Securities across the London Stock Exchange, BATS Europe and CHI-X Europe under revised arrangements announced previously. Since the first $100 million tranche of the buy-back began in December 2024, Airtel Africa has acquired a total of 43,874,166 shares at an average price of 164.9203p, underscoring a continued capital management effort that may support earnings per share and signal confidence in the company’s valuation to shareholders.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £406.00 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.
The score is driven mainly by strong operating profitability and cash generation, supported by a constructive earnings call highlighting continued growth and improving finance metrics. Offsetting factors are balance-sheet leverage and historical earnings volatility, plus weak technical positioning (below key moving averages) and a relatively high P/E with only a modest dividend yield.
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 integrated mobile voice, data, and domestic and international mobile money services, with a strategy centered on enhancing customer experience and supporting its broader goal of transforming lives across the continent.
Average Trading Volume: 6,243,396
Technical Sentiment Signal: Buy
Current Market Cap: £12.72B
Find detailed analytics on AAF stock on TipRanks’ Stock Analysis page.