Airtel Africa Plc ( (GB:AAF) ) has provided an update.
Airtel Africa Plc has executed a share buy-back program, purchasing 500,000 of its ordinary shares at prices ranging between 140.90 GBp and 143.00 GBp, with a volume-weighted average price of 142.27 GBp. This move is part of a larger initiative announced in December 2024, aimed at consolidating the company’s share value and enhancing shareholder returns, reflecting a strategic effort to strengthen its market position.
More about Airtel Africa Plc
Airtel Africa Plc operates in the telecommunications industry, providing mobile voice and data services across Africa. The company focuses on expanding its market presence in the African continent, offering a range of telecommunication solutions to a diverse customer base.
YTD Price Performance: 25.18%
Average Trading Volume: 4,077,764
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £5.18B
For an in-depth examination of AAF stock, go to TipRanks’ Stock Analysis page.