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Airtel Africa Extends $100m Buyback and Redirects Shares to Employee Scheme

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Airtel Africa Extends $100m Buyback and Redirects Shares to Employee Scheme

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

Airtel Africa has repurchased 200,000 of its own ordinary shares on 30 January 2026 under its ongoing $100m share buy-back programme, at prices ranging between 314.00p and 345.80p, and a volume-weighted average price of 321.67p. Following these transactions, the company now has 3,654,881,028 ordinary shares in issue (including 7,489,044 treasury shares), resulting in 3,647,391,984 voting rights, and has bought a total of 41,924,720 shares since the programme began, signalling continued capital return to shareholders while also reallocating future repurchased shares into treasury for use in an employee share incentive scheme, which may help align staff interests with long-term shareholder value.

The most recent analyst rating on (GB:AAF) stock is a Hold with a £338.00 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 telecoms and mobile money services provider operating across multiple African markets, offering voice, data and digital financial services to retail and business customers. The company is listed in London and Lagos and targets fast-growing, underpenetrated telecom and financial inclusion markets on the continent.

Average Trading Volume: 5,922,945

Technical Sentiment Signal: Buy

Current Market Cap: £11.64B

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

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