Top Page
Airtel Africa Plc
(LSE:AAF)
Airtel Africa Plc (AAF) vs. iShares MSCI United Kingdom ETF (EWC)
Airtel Africa Plc Business Overview & Revenue Model
Airtel Africa Plc Earnings Call Summary
Airtel Africa Plc Financial Statement Overview
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.98B | 4.96B | 5.25B | 4.71B | 3.91B | 3.42B |
| Gross Profit | 3.97B | 3.48B | 3.58B | 3.25B | 2.64B | 2.23B |
| EBITDA | 2.96B | 2.13B | 2.58B | 2.28B | 1.68B | 1.53B |
| Net Income | 535.63M | 220.00M | 663.00M | 631.00M | 339.00M | 370.00M |
Balance Sheet | ||||||
| Total Assets | 13.44B | 12.02B | 11.17B | 10.36B | 9.99B | 9.32B |
| Cash, Cash Equivalents and Short-Term Investments | 835.00M | 644.00M | 1.33B | 1.52B | 1.14B | 1.08B |
| Total Debt | 6.38B | 5.98B | 4.22B | 3.93B | 4.62B | 4.28B |
| Total Liabilities | 10.23B | 9.25B | 7.36B | 6.71B | 6.64B | 6.04B |
| Stockholders Equity | 2.86B | 2.49B | 3.63B | 3.50B | 3.40B | 3.39B |
Cash Flow | ||||||
| Free Cash Flow | 2.05B | 1.41B | 927.00M | 1.27B | 751.00M | 576.00M |
| Operating Cash Flow | 2.77B | 2.27B | 2.21B | 2.01B | 1.67B | 1.39B |
| Investing Cash Flow | -954.00M | -562.00M | -1.03B | -557.00M | -1.16B | -801.00M |
| Financing Cash Flow | -1.23B | -1.54B | -1.12B | -1.61B | -575.00M | -370.00M |
Airtel Africa Plc Technical Analysis
Airtel Africa Plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | £21.12B | 22.24 | 7.56% | 4.42% | -2.53% | 24.52% | |
68 Neutral | $2.08B | 32.18 | ― | ― | 4.95% | ― | |
67 Neutral | £3.03B | -24.92 | -5.19% | 0.65% | 0.88% | -133.77% | |
63 Neutral | £12.72B | 31.61 | 21.04% | 1.50% | 14.13% | ― | |
63 Neutral | £26.51B | -7.85 | -7.57% | 3.74% | 16.15% | -279.78% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
57 Neutral | £3.90B | ― | -10.35% | ― | ― | ― |
Airtel Africa Plc Corporate Events
Airtel Africa has continued its share buy-back programme, repurchasing 30,000 ordinary shares on 19 February 2026 at prices between 349.20p and 359.20p, with a volume-weighted average price of 352.70p. The repurchased shares will be held in treasury, leaving 3,654,881,028 ordinary shares in issue, of which 8,998,490 are treasury shares, and establishing 3,645,882,538 voting rights for regulatory disclosure calculations.
The latest transaction forms part of the first $100 million tranche of the buy-back launched in December 2024, under which Airtel Africa has so far acquired 43,434,166 shares at an average price of 163.0268p. By actively reducing its free float and consolidating ownership, the company is signalling ongoing capital management discipline, with implications for earnings per share and shareholder returns as it refines its capital structure.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £409.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued executing its share buy-back programme, repurchasing 30,000 ordinary shares on 18 February 2026 at a volume-weighted average price of 358.55 pence. The shares will be held in treasury, leaving 3,654,881,028 shares in issue and 3,645,912,538 voting rights outstanding, a key reference point for investors tracking disclosure thresholds.
The latest transaction, carried out via multiple European trading venues under arrangements with Barclays Capital Securities, forms part of a broader $100 million buy-back launched in December 2024. Since the programme began, Airtel Africa has acquired 43,404,166 shares at an average 162.90 pence, signalling ongoing capital management efforts that may enhance earnings per share and support shareholder value over time.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £302.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued executing its share buy-back programme, repurchasing 50,000 ordinary shares on 17 February 2026 at prices between 340p and 345.4p, with a volume-weighted average price of 344.13p. The shares will be held in treasury, leaving 3,654,881,028 ordinary shares in issue, of which 3,645,942,538 carry voting rights.
Since the first tranche of its $100m buy-back began in December 2024, the company has bought a total of 43,374,166 shares at an average price of 162.76p, signalling an ongoing commitment to capital return and balance sheet optimisation. The updated share count and voting-rights figure also provide investors with an adjusted base for regulatory disclosure calculations and monitoring ownership changes.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £302.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 75,000 of its own ordinary shares on 16 February 2026 under its ongoing $100 million share buy-back programme, paying a volume-weighted average price of 335.02 pence per share across several European trading venues. The shares will be held in treasury, leaving 3,654,881,028 shares in issue and 3,645,992,538 voting rights outstanding, and bringing total buy-backs since the programme began to 43,324,166 shares, a move that can enhance earnings per share and signal management’s confidence to investors.
The transaction was executed by Barclays Capital Securities under previously revised arrangements, with prices ranging from 330.40 pence to 336.80 pence, reflecting active trading across the London Stock Exchange and alternative platforms. By concentrating ownership and maintaining flexibility through treasury shares, Airtel Africa continues to manage its capital structure in line with shareholder-approved mandates and regulatory disclosure requirements in the U.K. and Nigeria.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued its active capital management programme, repurchasing 75,000 ordinary shares on 13 February 2026 at prices between 329.60p and 334.80p, with a volume-weighted average of 332.59p. The shares, acquired via Barclays Capital Securities under the company’s existing buy-back authority, will be held in treasury rather than cancelled.
Following this latest transaction, Airtel Africa has 3,654,881,028 ordinary shares in issue, including 8,813,490 treasury shares, resulting in 3,646,067,538 voting rights. Since the first tranche of its $100 million buy-back launched in December 2024, the company has accumulated 43,249,166 shares at an average price of 162.2520p, underscoring an ongoing effort to return capital to shareholders and fine-tune its capital structure.
The update also provides detailed venue-level trading data, showing purchases spread across the London Stock Exchange and alternative platforms such as BATS Europe, CHI-X Europe, Aquis Exchange and Turquoise. The clarified voting-rights denominator gives investors and regulators a precise basis for monitoring significant holdings and disclosure thresholds under transparency rules.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 74,446 ordinary shares on 12 February 2026 under its ongoing share buy-back programme, paying a volume-weighted average price of 338.29 GBp, with prices ranging between 333.80p and 343.80p across multiple European trading venues. The shares will be held in treasury, leaving 3,654,881,028 shares in issue and 3,646,142,538 voting rights outstanding, and bringing total buy-backs since the start of the $100m programme to 43,174,166 shares, a move that marginally enhances earnings per share and signals continued capital returns to shareholders.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 75,000 ordinary shares as part of its ongoing share buy-back programme, paying between 335.20p and 342.80p per share, with a volume-weighted average price of 339.69p. The shares will be held in treasury, leaving 3,654,881,028 shares in issue, of which 8,664,044 are treasury shares, and establishing 3,646,216,984 voting rights for regulatory disclosure calculations.
The purchases, executed through Barclays Capital Securities across multiple European trading venues, form part of a $100m buy-back launched in December 2024, under which 43,099,720 shares have now been acquired at an average 161.6515p. The continued buy-backs reduce the free float and can enhance earnings per share, signalling management’s confidence in the company’s valuation and returning capital to shareholders.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 75,000 ordinary shares at a volume-weighted average price of 336.01p as part of its ongoing share buy-back programme, with the shares to be held in treasury. Following this transaction, the company has 3,654,881,028 ordinary shares in issue, including 8,589,044 treasury shares, resulting in 3,646,291,984 voting rights outstanding for regulatory disclosure calculations.
The purchases were executed via Barclays Capital Securities across multiple trading venues under previously announced buy-back arrangements. Since the first tranche of the $100m programme began on 23 December 2024, Airtel Africa has acquired a total of 43,024,720 shares, signalling continued capital management aimed at enhancing shareholder value and potentially supporting the stock’s trading performance.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 75,000 of its own ordinary shares on 9 February 2026 at prices between 328.80p and 336.00p, with a volume-weighted average price of 334.14p, under its ongoing $100m share buy-back programme. The shares will be held in treasury, leaving 3,654,881,028 shares in issue and 3,646,366,984 voting rights outstanding, signalling continued capital management efforts that can support earnings per share and potentially enhance long-term shareholder value.
Since the start of the first tranche of the buy-back in December 2024, Airtel Africa has acquired 42,949,720 shares at an average price of 161.0361p, illustrating the company’s sustained commitment to returning capital to investors. The latest purchases, executed across major European trading venues through Barclays Capital Securities, also clarify the updated share capital base that shareholders must use for regulatory disclosure thresholds and voting-right calculations.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 100,000 ordinary shares at prices between 320.80p and 330.00p, with a volume-weighted average price of 328.48p, under its ongoing share buy-back programme executed through Barclays Capital Securities. The shares will be held in treasury, leaving 3,654,881,028 ordinary shares in issue, of which 8,439,044 are treasury shares, and 3,646,441,984 voting rights outstanding, and the company has now bought a total of 42,874,720 shares since the $100m programme began, signaling continued capital return to shareholders and a potential enhancement of earnings per share.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has executed another tranche of its ongoing share buy-back programme, repurchasing 125,000 ordinary shares on 5 February 2026 at a volume-weighted average price of 321.55p, with the stock to be held in treasury. Following this latest transaction, the company has 3,654,881,028 ordinary shares in issue, including 8,339,044 treasury shares, leaving 3,646,541,984 voting rights outstanding, while cumulative purchases since the start of the $100m programme in December 2024 now total 42,774,720 shares, underscoring management’s continued focus on returning capital to shareholders and potentially enhancing earnings per share.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has executed another tranche of its ongoing share buy-back programme, repurchasing 125,000 ordinary shares on 4 February 2026 at prices ranging between 318.80p and 329.60p per share, with a volume-weighted average price of 325.59p. The shares, acquired via Barclays Capital Securities on various London and European trading venues, will be held in treasury, leaving 3,654,881,028 ordinary shares in issue (of which 8,214,044 are treasury shares) and 3,646,666,984 voting rights outstanding; since the launch of the $100m buy-back in December 2024, Airtel Africa has bought a total of 42,649,720 shares, signalling continued capital return to shareholders and a tighter free float that may affect ownership disclosures and liquidity metrics.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £430.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued executing its previously announced share buy-back programme, repurchasing 300,000 ordinary shares on 3 February 2026 at prices between 323.20p and 332.60p per share, with a volume-weighted average price of 325.78p. The shares, acquired via Barclays Capital Securities across major European trading venues, will be held in treasury, leaving 3,654,881,028 ordinary shares in issue (including 8,089,044 in treasury) and 3,646,791,984 voting rights outstanding; cumulatively since the first tranche of the $100m programme began in December 2024, the company has bought back 42,524,720 shares, a capital management move that can enhance earnings per share and adjust its free float and shareholder ownership dynamics.
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.
Airtel Africa has continued to execute its share buy-back programme, repurchasing 300,000 ordinary shares on 2 February 2026 at prices between 317.60p and 326.40p, at a volume-weighted average price of 322.38p, with the shares to be held in treasury. Following this transaction, the group has 3,654,881,028 ordinary shares in issue, including 7,789,044 held in treasury and 3,647,091,984 voting rights outstanding, and since the first tranche of its $100m buy-back began in December 2024 it has bought a total of 42,224,720 shares, a capital management move that reduces free float and can enhance earnings per share while requiring investors to update their holdings disclosures under UK transparency rules.
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.
Airtel Africa has reported that its issued share capital as of 31 January 2026 stands at 3,655,121,028 ordinary shares, of which 7,489,044 are held in treasury and carry no voting rights. The total number of voting rights available to shareholders is therefore 3,647,391,984, with the difference reflecting both treasury shares and 240,000 unsettled share purchases linked to the company’s ongoing share buyback programme started in September 2025, information that is key for investors monitoring disclosure thresholds and changes in significant shareholdings under UK regulatory rules.
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.
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.
Airtel Africa has continued execution of its share buy-back programme, repurchasing 40,000 ordinary shares on 29 January 2026 at prices between 340.60p and 349.20p per share, with a volume-weighted average price of 344.73p. The shares acquired will be cancelled, reducing the number of ordinary shares in issue to 3,655,081,028 (of which 7,489,044 are held in treasury) and setting total voting rights at 3,647,591,984, a figure shareholders can use to assess disclosure thresholds. The buy-back, carried out under revised arrangements with Barclays Capital Securities and forming part of a $100m programme launched in December 2024, has so far seen the company retire 41,724,720 shares, signalling ongoing capital management efforts that may enhance earnings per share and support shareholder value.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £395.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa reported strong results for the nine months to 31 December 2025, underscoring robust growth across both its telecoms and mobile money operations. The customer base rose 10% to 179.4 million, with data users up 14.6% to 81.8 million and smartphone penetration reaching 48.1%, helping lift data ARPU by 16.6% as average monthly usage climbed to 8.6GB. Airtel Money crossed 52 million customers and surpassed an annualised total processed value of $210bn in the third quarter, driven by a broader ecosystem and greater digital adoption, while mobile money ARPU increased in constant currency. Group revenue grew 24.6% in constant currency (28.3% reported) to $4.67bn, led by a 36.5% rise in data revenue and 29.4% growth in mobile money, pushing EBITDA up 35.9% to $2.28bn and expanding margins to 48.9%. Profit after tax more than doubled to $586m as higher operating profit and foreign exchange gains replaced prior-year losses, with basic EPS jumping to 13.1 cents. The company accelerated capital expenditure by 32.2% to $603m, adding around 2,500 new sites and extending its fibre network beyond 81,500km to lift population coverage to 81.7%, while leverage improved from 2.4x to 1.9x on stronger EBITDA. Management highlighted continued cost-efficiency gains, rising EBITDA margins and the momentum in Airtel Money ahead of a planned listing in the first half of 2026, reinforcing confidence in the long-term growth and value-creation potential of its African footprint.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £395.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued its ongoing $100m share buy-back programme, repurchasing 40,000 ordinary shares on 28 January 2026 at prices between 350.60p and 358.80p per share through Barclays Capital Securities, with the shares to be cancelled. Following this latest transaction, the company’s issued share capital stands at 3,655,121,028 ordinary shares, including 7,489,044 treasury shares, giving a total of 3,647,631,984 voting rights, a capital structure update that provides investors with an updated basis for calculating disclosure thresholds and underscores Airtel Africa’s continued effort to return capital to shareholders and manage its equity base.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £404.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued executing its share buy-back programme, repurchasing 40,000 ordinary shares on 27 January 2026 at a volume-weighted average price of 360.69 pence per share under its existing mandate with Barclays Capital Securities. The purchased shares will be cancelled, reducing the number of shares in issue to 3,655,161,028 (of which 7,489,044 are held in treasury) and setting total voting rights at 3,647,671,984, a change relevant for shareholders’ disclosure calculations under UK transparency rules; since the start of the first $100m tranche in December 2024, the company has bought back 41,644,720 shares in aggregate, signalling ongoing capital management and potential enhancement of shareholder value through a smaller equity base.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £404.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued execution of its share buy-back programme, repurchasing 40,000 ordinary shares on 27 January 2026 at prices between 358.20p and 361.80p per share, with a volume-weighted average price of 360.69p. The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 3,655,161,028 (of which 7,489,044 are held in treasury) and setting total voting rights at 3,647,671,984, a figure shareholders can use to assess disclosure thresholds under UK transparency rules; since the launch of the first $100m buy-back tranche in December 2024, the company has acquired 41,644,720 shares in aggregate, signalling an ongoing capital management effort that can support earnings per share and shareholder returns.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £404.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa plc has repurchased 40,000 of its own ordinary shares at a volume-weighted average price of 358.44 pence per share as part of its ongoing $100m share buyback programme, with the shares to be cancelled. Following this latest transaction, the company’s issued share capital stands at 3,655,201,028 ordinary shares including 7,489,044 treasury shares, giving 3,647,711,984 voting rights, and since the start of the first tranche of the buyback it has acquired a total of 41,604,720 shares, signalling continued capital management efforts that affect shareholder ownership calculations under UK disclosure and transparency rules.
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.
Airtel Africa has repurchased 40,000 of its own ordinary shares on 23 January 2026 under its ongoing $100m share buy-back programme, at a volume-weighted average price of 362.18 pence per share, with all repurchased shares to be cancelled. Following this latest tranche, the company has reduced its outstanding share count to 3,655,241,028 shares (of which 3,647,751,984 carry voting rights), and has cumulatively bought back 41,564,720 shares since the programme began, a move that tightens the free float and may enhance earnings per share and shareholder value while signalling continued management confidence in the business.
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.
Airtel Africa has continued executing its $100m share buy-back programme, purchasing 40,000 ordinary shares on 22 January 2026 at a volume-weighted average price of 363.78p per share through Barclays Capital Securities across multiple European trading venues. The shares will be cancelled, reducing the company’s share count to 3.65 billion (with 3.65 billion voting rights), and bringing total repurchases since the programme began in December 2024 to 41.5 million shares, a capital management move that can enhance earnings per share and signal confidence in the group’s long-term prospects to investors.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £405.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued executing its share buy-back programme, repurchasing 40,000 ordinary shares on 21 January 2026 at prices between 350.80p and 358.00p per share, at a volume-weighted average price of 354.66p. The shares will be cancelled, reducing the total number of voting rights to 3,647,831,984 and furthering a capital management initiative under which the company has now bought back 41,484,720 shares since the first tranche of the $100 million programme began, a move that tightens the share base and may enhance value for remaining shareholders while signalling confidence in the company’s prospects.
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.
Airtel Africa has continued to execute its ongoing share buy-back programme, repurchasing 40,000 ordinary shares on 20 January 2026 at a volume-weighted average price of 354.73 pence per share through Barclays Capital Securities. The shares will be cancelled, reducing the number of ordinary shares in issue to 3.66 billion (of which around 7.5 million are held in treasury) and setting the company’s total voting rights at 3.65 billion, a key reference point for investors monitoring disclosure thresholds. Since the first tranche of its $100m buy-back was launched in December 2024, Airtel Africa has now repurchased a total of 41.44 million shares, signalling continued capital management efforts that may support earnings per share and underscore management’s confidence in the business.
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.
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.
Airtel Africa has repurchased 40,000 of its own ordinary shares on 16 January 2026, at prices between 357p and 362p per share and a volume-weighted average price of 359.13p, as part of its ongoing $100m share buy-back programme arranged with Barclays Capital Securities. The shares will be cancelled, reducing the number of ordinary shares in issue to about 3.66 billion (of which 7.49 million are treasury shares) and total voting rights to 3.65 billion, further shrinking the free float after the company has bought a total of 41.36 million shares since the programme began, a move that tightens capital structure and may support earnings per share and shareholder value.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £400.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued executing its share buy-back programme, repurchasing 39,511 ordinary shares on 15 January 2026 at a volume-weighted average price of 356.59p, with the shares to be cancelled. Following this latest transaction, the company’s total shares in issue stand at 3,655,481,028 (including 7,489,044 held in treasury), resulting in 3,647,991,984 voting rights, and it has now bought back 41,324,720 shares under the current $100 million programme, a move that modestly enhances earnings per share and may signal management’s confidence in the business to investors.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £400.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 40,000 of its own ordinary shares as part of its ongoing $100m share buy-back programme, at prices between 356.20p and 361.60p per share and a volume‑weighted average price of 359.03p. The shares, bought via Barclays Capital Securities across multiple European trading venues, will be cancelled, reducing the number of ordinary shares in issue to 3,655,520,539 (including 7,489,044 held in treasury) and setting the company’s voting rights at 3,648,031,495; since the buy‑back started in December 2024, Airtel Africa has acquired a total of 41,285,209 shares, signalling continued capital management efforts that may enhance earnings per share and consolidate shareholder value.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £400.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has announced it will report its financial results for the nine months ended 31 December 2025 on 30 January 2026, and will host a conference call and presentation for analysts and investors on the same day. The scheduled update will provide stakeholders with insight into the group’s recent operational and financial performance across its African markets and may offer indications on how its telecoms and mobile money businesses are progressing in a competitive, fast-growing sector.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £400.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued to execute its previously announced share buy-back programme, repurchasing 40,000 ordinary shares on 13 January 2026 at prices between 355.80p and 366.00p per share, with a volume-weighted average price of 359.56p. The purchased shares will be cancelled, leaving 3,655,560,539 ordinary shares in issue (including 7,489,044 treasury shares) and 3,648,071,495 voting rights outstanding, a move that marginally reduces share capital and may enhance earnings per share for remaining investors; since the first tranche of the $100m programme began in December 2024, the company has bought back 41,245,209 shares in aggregate.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £400.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 40,000 of its own ordinary shares at a volume-weighted average price of 364.53 pence per share as part of its ongoing share buy-back programme, with the shares to be cancelled. Following this latest transaction, the company’s share capital stands at 3,655,600,539 ordinary shares in issue, including 7,489,044 treasury shares, resulting in 3,648,111,495 voting rights, and it has now bought back a total of 41,205,209 shares under the $100 million programme, a move that supports capital management and may enhance earnings per share for investors.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £400.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has executed another tranche of its ongoing share buy-back programme, repurchasing 40,000 ordinary shares on 9 January 2026 at a volume-weighted average price of 364.71 pence per share through Barclays Capital Securities across multiple trading venues. The repurchased shares will be cancelled, reducing the total shares in issue to 3,655,640,539 and voting rights to 3,648,151,495, a move that marginally enhances existing shareholders’ proportional stakes; since the start of the first $100m buy-back tranche in December 2024, the company has acquired over 41.1 million shares, signalling continued capital return and balance sheet management in support of shareholder value.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa plc has repurchased 40,000 of its own ordinary shares on 8 January 2026 as part of its ongoing $100 million share buy-back programme, at prices ranging between 365.80p and 374.40p and a volume-weighted average price of 370.37p. The shares will be cancelled, reducing the number of ordinary shares in issue to 3,655,680,539 (of which 7,489,044 are held in treasury) and setting total voting rights at 3,648,191,495, a figure shareholders can use for regulatory disclosure thresholds; since the programme’s first tranche began in December 2024, the company has bought back over 41.1 million shares, signalling continued capital management efforts that may support earnings per share and shareholder value.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has executed another tranche of its ongoing share buy-back programme, repurchasing 40,000 ordinary shares on 7 January 2026 at prices between 366.60p and 374.60p per share, with a volume-weighted average of 372.58p. The repurchased shares will be cancelled, leaving 3,655,720,539 ordinary shares in issue, of which 7,489,044 are held in treasury, implying 3,648,231,495 voting rights that investors can use as a reference for regulatory disclosure thresholds; in total, since the programme began in December 2024, the company has bought back 41,085,209 shares, reflecting its continued focus on capital returns and balance-sheet optimisation for shareholders.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 40,000 of its own ordinary shares at a volume-weighted average price of 370.59 pence per share on 6 January 2026 under its ongoing share buy-back programme, with the shares to be cancelled. Following this transaction, the company’s issued share capital stands at 3,655,760,539 ordinary shares, including 7,489,044 held in treasury, giving a total of 3,648,271,495 voting rights, and since the start of the $100 million buy-back in December 2024 it has acquired just over 41 million shares, signalling continued capital management efforts that reduce share count and may enhance value for remaining shareholders.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has repurchased 40,000 of its own ordinary shares on 5 January 2026 under its ongoing share buy-back programme, at prices ranging between 358.00p and 369.20p and a volume-weighted average price of 363.72p, with the shares to be cancelled. Following this latest transaction, the company has 3,655,800,539 ordinary shares in issue, including 7,489,044 treasury shares, resulting in 3,648,311,495 voting rights outstanding, and since the start of the first $100m buy-back tranche in December 2024 it has bought a total of 41,005,209 shares, signalling continued capital management efforts that may support earnings per share and shareholder value.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued executing its share buy-back programme, repurchasing 40,000 ordinary shares on 2 January 2026 at a volume-weighted average price of 361.09p per share through Barclays Capital Securities across multiple trading venues. The purchased shares will be cancelled, reducing the number of ordinary shares in issue to 3,655,840,539 (of which 7,489,044 are held in treasury) and setting total voting rights at 3,648,351,495, a figure shareholders can use for regulatory disclosure calculations; since the first tranche of the $100m buy-back began in December 2024, Airtel Africa has bought back 40,965,209 shares in aggregate, signalling ongoing capital management and potentially enhancing earnings per share for investors.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has reported that its issued share capital at 31 December 2025 stood at 3,655,960,539 ordinary shares, of which 7,489,044 are held in treasury and therefore carry no voting rights. As a result, the total number of voting rights available to shareholders is 3,648,391,495, a figure that investors must use when assessing disclosure thresholds for holdings under UK transparency rules. The gap between the issued share capital and voting rights—7,569,044 shares—reflects both the treasury shares and 80,000 shares from unsettled purchases linked to the company’s ongoing share buyback programme, signalling continued capital management activity that may marginally influence ownership percentages and regulatory reporting obligations for investors.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has executed a further tranche of its ongoing share buy-back programme, repurchasing 40,000 ordinary shares on 31 December 2025 at a volume-weighted average price of 355.95 pence per share, with all purchased shares to be cancelled. Following this transaction, the company’s issued share capital stands at 3,655,880,539 ordinary shares, including 7,489,044 held in treasury, resulting in 3,648,391,495 voting rights, and the group has now bought back a total of 40,925,209 shares since the $100m programme began, underscoring its continued capital return to shareholders and marginally increasing earnings per share for remaining investors.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued its ongoing share buy-back programme, repurchasing 40,000 ordinary shares on 30 December 2025 at a volume-weighted average price of 355.70 pence per share through Barclays Capital Securities. The shares, acquired across multiple European trading venues, will be cancelled, reducing the number of ordinary shares in issue to 3,655,920,539 and establishing 3,648,431,495 voting rights, while cumulatively 40,885,209 shares have now been bought back since the $100 million programme began, signalling continued capital management efforts that modestly enhance earnings per share and adjust the company’s free float for existing investors.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has continued to execute its share buy-back programme, repurchasing 40,000 ordinary shares on 29 December 2025 at prices between 335.80p and 342.00p per share, with a volume-weighted average price of 337.85p. The repurchased shares will be cancelled, reducing the number of shares in issue to 3,655,960,539, of which 7,489,044 are held in treasury, and setting total voting rights at 3,648,471,495 for regulatory disclosure purposes. Since the launch of the first tranche of its $100m buy-back in December 2024, the group has acquired 40,845,209 shares at an average 151.8430p, signalling ongoing capital management efforts that incrementally enhance earnings per share and consolidate shareholder value, while modestly tightening the company’s free float on the London and related trading venues.
The most recent analyst rating on (GB:AAF) stock is a Hold with a £343.00 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa has initiated a formal independent competitive tender process to appoint a new external auditor, with the process overseen by the Audit and Risk Committee. This move aligns with the mandatory auditor rotation requirements of its controlling shareholder, Bharti Airtel Limited, in India, and is not due to any issues with the current auditors. The new auditor is expected to be appointed at the 2027 Annual General Meeting and will begin auditing for the financial year ending March 2028.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £3.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.
Airtel Africa PLC has announced an update on its total voting rights and capital, as per the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules. As of November 28, 2025, the company’s issued share capital consists of 3,656,000,539 ordinary shares, with a total of 3,648,511,495 voting rights available for shareholders. This update is crucial for shareholders to determine their interest in the company and any changes therein.
The most recent analyst rating on (GB:AAF) stock is a Buy with a £3.30 price target. To see the full list of analyst forecasts on Airtel Africa Plc stock, see the GB:AAF Stock Forecast page.