Airtel Africa Plc (GB:AAF) has released an update.
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Airtel Africa Plc has successfully completed its $100 million share buy-back program, purchasing a total of 68,834,800 shares at an average price of 112.30 pence. On October 28, 2024, the company bought 855,842 shares, which will be canceled, thus reducing its issued share capital. This move is part of Airtel Africa’s strategy to enhance shareholder value and optimize its capital structure.
For further insights into GB:AAF stock, check out TipRanks’ Stock Analysis page.
