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Helios Towers Cancels 641,720 Shares in Ongoing Buyback

Story Highlights
  • Helios Towers repurchased 641,720 shares in March 2026 under its ongoing buyback programme, executing trades via Merrill Lynch International at average prices around 175p to 187p.
  • All repurchased shares will be cancelled, cutting Helios Towers’ share count to about 1.04 billion and potentially boosting capital efficiency and earnings per share for remaining shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Helios Towers Cancels 641,720 Shares in Ongoing Buyback

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Helios Towers ( (GB:HTWS) ) just unveiled an update.

Helios Towers plc has continued its previously announced share buyback programme, repurchasing 641,720 ordinary shares between 9 and 13 March 2026 through Merrill Lynch International at volume-weighted average prices ranging from about 174.8p to 186.5p. The company said all repurchased shares will be cancelled rather than held in treasury, reducing the total number of shares in issue to 1,039,056,016.

The move modestly tightens Helios Towers’ share capital and may enhance earnings per share and capital efficiency for remaining investors, while signalling management’s confidence in the company’s valuation. The updated share count also provides a new reference denominator for shareholders and other market participants when calculating regulatory disclosure thresholds under the Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:HTWS) stock is a Hold with a £179.00 price target. To see the full list of analyst forecasts on Helios Towers stock, see the GB:HTWS Stock Forecast page.

Spark’s Take on HTWS Stock

According to Spark, TipRanks’ AI Analyst, HTWS is a Neutral.

The score is primarily driven by improving financial performance (return to profitability and positive free cash flow) but is held back by significant balance-sheet leverage risk. Technical indicators are currently bearish, and valuation appears relatively expensive with no dividend yield provided.

To see Spark’s full report on HTWS stock, click here.

More about Helios Towers

Helios Towers plc is an independent telecoms tower infrastructure company that owns, operates, and leases mobile tower sites to wireless network operators. The group focuses on African and emerging markets, providing shared tower infrastructure that helps mobile operators expand coverage and capacity while reducing capital and operating costs.

YTD Price Performance: 8.14%

Average Trading Volume: 1,947,160

Technical Sentiment Signal: Buy

Current Market Cap: £1.85B

See more insights into HTWS stock on TipRanks’ Stock Analysis page.

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