Airtel Africa Plc – Notification of Transaction in Own Shares

Airtel Africa Plc has announced the purchase of its own shares in January 2026, confirming a corporate action that underscores the company’s ongoing share buyback programme and commitment to enhancing shareholder value.

Airtel Africa disclosed the transaction in a notification filed with the Nigerian Exchange Group, detailing the acquisition of a tranche of its ordinary shares. The move is part of the company’s previously approved buyback initiative, which aims to optimize its capital structure and return value to investors. The filing emphasized that the repurchased shares will be held as treasury stock, in line with regulatory requirements, and may be used for future corporate purposes including employee share schemes or potential cancellation to reduce the overall share count.

The company noted that the transaction reflects confidence in its long‑term growth prospects and financial stability. Airtel Africa has consistently highlighted its strategy of balancing investment in network expansion with disciplined financial management. The buyback programme is designed to signal strength to the market, reassure investors, and support the share price amid broader volatility in African telecoms equities.

This latest purchase comes at a time when Airtel Africa continues to expand its footprint across multiple African markets, investing in digital infrastructure, mobile money services, and broadband connectivity. The company’s leadership has stressed that these investments are critical to driving sustainable growth while also ensuring that shareholders benefit from improved returns.

Market analysts view the buyback as a positive signal, suggesting that Airtel Africa’s management believes the shares are undervalued relative to the company’s fundamentals. The notification also reinforces the company’s compliance with corporate governance standards, as all transactions were conducted transparently and reported promptly to the exchange.

The January 2026 action adds to a series of similar transactions carried out over the past year, reflecting a consistent approach to capital management. Investors will be watching closely to see how the buyback programme influences the company’s earnings per share and overall market performance in the months ahead.