Airtel Africa Advances Share Buy-Back Program
Company Announcements

Airtel Africa Advances Share Buy-Back Program

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

Airtel Africa PLC has announced the purchase and subsequent cancellation of 498,000 of its own shares at a volume-weighted average price of 115.42p per share, as part of its ongoing share buy-back program that began on 1 March 2024. Since the program’s inception, the company has acquired a total of 29,895,526 shares at an average price of 110.40p each. This move aligns with Airtel Africa’s strategy to streamline its capital structure and deliver value to its shareholders.

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

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