Business

Airtel Africa Repurchases 66,089 Shares as Part of Ongoing Buyback Program

Airtel Africa has repurchased 66,089 of its ordinary shares at prices ranging from 143.70 GBp to 144.00 GBp per share, with a volume-weighted average price of 143.96 GBp.

 

This transaction is part of the company's ongoing share buy-back program, initiated on December 23, 2024, aiming to enhance shareholder value by reducing the number of shares in circulation.

 

Since the program's commencement, Airtel Africa has repurchased a total of 16,750,765 ordinary shares at a volume-weighted average price of 120.8955 GBp per share.

 

As of March 11, 2025, Airtel Africa's share price is 144.40 GBp, reflecting a slight decrease of 0.41% from the previous close.