Airtel Africa Advances Share Buy-Back Program

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

Airtel Africa PLC has recently executed a share buy-back, purchasing 125,000 ordinary shares at prices ranging from 109.60 to 111.50 GBp per share, with the intention of cancelling the acquired shares. This action is part of a larger buy-back program initiated on 1 March 2024, where the company has so far bought back over 35 million shares, signaling a potential boost of confidence for investors in the telecommunications giant.

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