Airtel Africa Plc (GB:AAF) has released an update.
Airtel Africa Plc, a prominent telecom and mobile money services provider, has recently announced the repurchase of 507,314 of its ordinary shares on the London Stock Exchange as part of its on-going share buy-back program. The shares, bought through Citigroup Global Markets Limited, ranged in price from 118.70 to 121.80 GBp, with the program having acquired a total of 22,475,884 shares to date at an average price of 107.92 GBp each. These repurchased shares are set to be cancelled, aligning with the company’s strategy to enhance shareholder value.
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