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Airtel Africa Enhances Shareholder Value with Share Buy-Back

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Airtel Africa Enhances Shareholder Value with Share Buy-Back

An announcement from Airtel Africa Plc ( (GB:AAF) ) is now available.

Airtel Africa has executed a share buy-back program, purchasing 250,000 of its ordinary shares at an average price of 144.91 GBp per share. This move, part of a broader strategy announced in December 2024, aims to enhance shareholder value and optimize the company’s capital structure by reducing the number of shares in circulation.

More about Airtel Africa Plc

Airtel Africa Plc operates in the telecommunications industry, providing mobile and internet services across Africa. The company focuses on expanding its market presence in the continent by offering affordable and accessible communication solutions.

YTD Price Performance: 26.94%

Average Trading Volume: 4,193,307

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £5.29B

For a thorough assessment of AAF stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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