Airtel Africa Plc (GB:AAF) has released an update.
Airtel Africa PLC has actively engaged in its share buy-back program, purchasing 572,700 of its ordinary shares on the London Stock Exchange at prices ranging from 117.60p to 119.50p per share, as part of an ongoing effort to reduce outstanding shares since the program’s announcement on March 1, 2024. These shares are set to be cancelled, contributing to a total of 19,178,228 shares bought back to date at an average price of 106.05p. This move demonstrates Airtel Africa’s commitment to enhancing shareholder value and strategically managing its capital structure.
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