Airtel Africa PLC Advances Share Buy-Back Plan
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Airtel Africa PLC Advances Share Buy-Back Plan

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

Airtel Africa PLC recently announced the buy-back of 1,170,128 of its ordinary shares at prices ranging from 113.00p to 115.00p per share, resulting in a volume-weighted average price of 114.13p. These transactions, executed through Citigroup Global Markets Limited, are part of a larger share repurchase initiative that began on 1 March 2024; since then, the company has acquired 52,844,284 shares at an average price of 111.56p each. The shares acquired on 10 September 2024 will be subsequently cancelled as part of the programme.

For further insights into GB:AAF stock, check out TipRanks’ Stock Analysis page.

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