Airtel Africa Completes 798,919 Share Buyback in 2026
Airtel Africa Plc has completed a buyback of 798,919 ordinary shares at a volume-weighted average price (VWAP) of 322.59 pence per share, increasing the total number of shares repurchased under its ongoing buyback programme to 19.91 million. This information was disclosed in a transaction notification issued by Airtel Africa on September 22.
Since the buyback programme commenced in May 2026, Airtel Africa has repurchased a total of 19,907,874 ordinary shares at a cumulative VWAP of 336.05 pence per share. The latest transaction occurred on September 18, 2026.
The shares acquired will be cancelled, which will lead to a reduction in the company's issued share capital. The cumulative VWAP for the shares purchased under the programme is higher than the VWAP of the latest transaction, indicating that the latest shares were bought at a lower average price.
As of June 30, the buyback programme had already accounted for approximately 10.2 million repurchased shares valued at $46.6 million.
Plus234Feed summary based on reporting from Nairametrics. Read the original report below.
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