Airtel Africa Executes Share Buy-Back Strategy
Company Announcements

Airtel Africa Executes Share Buy-Back Strategy

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

Airtel Africa Plc has announced the buy-back of 364,915 of its ordinary shares at a volume-weighted average price of 118.77 GBp per share, as part of its share purchase program initiated on 1 March 2024. The shares, purchased through the London Stock Exchange from Citigroup Global Markets Limited, will be cancelled. Since the program’s start, Airtel Africa has acquired a total of 28,138,636 shares, contributing to their goal of streamlining capital structure and increasing shareholder value.

For further insights into GB:AAF stock, check out TipRanks’ Stock Analysis page.

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