Airtel Africa repurchases 799,925 shares in buyback

Airtel Africa Plc (NGX: AIRTELAFRI) has repurchased 799,925 of its ordinary shares within the first two days of its new share buyback tranche, with transactions valued at around £2.26 million. This information was disclosed in a notification published on November 10, covering purchases made on November 5 and 6 through Citigroup Global Markets Limited.

The shares were acquired at a volume-weighted average price of 282.16 pence each, and Airtel Africa confirmed that all repurchased shares will be cancelled, thereby reducing its issued share capital. On November 5, the company purchased 353,051 shares at an average price of 287.52 pence per share, followed by 446,874 shares on November 6 at an average price of 277.92 pence per share.

This buyback is part of a broader program initiated in May 2026, which aims to repurchase up to 12.03 million shares. As of September 23, 2026, the total shares acquired under this program reached 19.91 million.