Airtel Africa Plc (GB:AAF) has released an update.
Airtel Africa Plc, a leading telecom provider in Africa, has announced the purchase and cancellation of 496,545 of its ordinary shares at a volume-weighted average price of 118.48p on the London Stock Exchange. This action is part of a larger share buy-back programme initiated on March 1, 2024, under which the company has acquired a total of 23,536,608 shares to date. The buy-back aims to enhance shareholder value and is being executed by Citigroup Global Markets Limited.
For further insights into GB:AAF stock, check out TipRanks’ Stock Analysis page.