Capital Market

Airtel Africa plc Announces Transaction in Own Shares

Published

on

Airtel Africa plc (“Airtel Africa”, or the “Company”) has confirmed that it has today purchased a further 40,000 of its ordinary shares of USD 0.50 each from Barclays Capital Securities Limited under the authority granted by its shareholders as part of the Company’s ongoing share buy-back programme, the details of which were announced on 22 September 2025.

The purchases were made on 29 January 2026 at prices ranging from 340.60 pence to 349.20 pence per share, with a volume-weighted average price of 344.73 pence per share. The ordinary shares bought back will be cancelled in accordance with the terms of the buy-back.

Following this transaction, the total number of ordinary shares of USD 0.50 each in issue stands at 3,655,081,028, including 7,489,044 treasury shares. The total number of voting rights in the Company is therefore 3,647,591,984, which shareholders may use as the denominator for the purposes of calculating whether they are required to notify any change in the level of their interests under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

The share purchases were executed pursuant to the revised arrangements entered into with Barclays Capital Securities Limited, first announced on 22 September 2025.

Aggregate information shows the shares were acquired across multiple trading venues, including the London Stock Exchange, BATS Europe, CHI-X Europe and Aquis Exchange, with varying volume-weighted prices. Since the commencement of the first tranche of the Company’s $100 million share buy-back programme, which began on 23 December 2024, Airtel Africa has repurchased 41,724,720 ordinary shares in aggregate, at an average price of 156.2352 pence per share.

The detailed schedule of individual trades executed by Barclays Capital Securities Limited as part of the buy-back programme was also provided in the NGX announcement.

Airtel Africa said the continued execution of the share buy-back underscores its commitment to capital return and efficient balance sheet management, while the cancellation of repurchased shares is expected to support per-share metrics over time.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version