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Airtel Africa Expands Share Buy-Back Initiative
Company Announcements

Airtel Africa Expands Share Buy-Back Initiative

Story Highlights
  • Airtel Africa operates in 14 sub-Saharan countries, offering telecom and mobile money services.
  • The company purchased 25,862 shares in its ongoing buy-back program to boost market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Airtel Africa Plc ( (GB:AAF) ) has shared an announcement.

Airtel Africa has announced a recent purchase of its own shares as part of its share buy-back program, acquiring 25,862 shares at prices ranging from 127.10p to 128.50p per share. This move is part of a broader buy-back initiative commenced in December 2024, through which the company aims to strengthen its market position by reducing the number of outstanding shares, potentially increasing 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 the continent.

YTD Price Performance: 13.82%

Average Trading Volume: 3,818,212

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £4.62B

For detailed information about AAF stock, go to TipRanks’ Stock Analysis page.

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