Airtel Africa Advances Share Buy-Back Program with Recent Purchase

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

Airtel Africa has announced the purchase of 52,292 of its ordinary shares as part of its ongoing share buy-back program, with the shares acquired at a volume weighted average price of 142.85 GBp. This move, in line with the authority granted by shareholders, reflects the company’s commitment to optimizing its capital structure and potentially enhancing shareholder value.

More about Airtel Africa Plc

Airtel Africa is a leading telecommunications and mobile money services provider operating in 14 countries across sub-Saharan Africa. The company offers integrated services including mobile voice, data, and mobile money services both nationally and internationally, with a strategic focus on enhancing customer experience and transforming lives across Africa.

YTD Price Performance: 27.99%

Average Trading Volume: 4,116,244

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £5.33B

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