Airtel Africa Buys Back 500,000 Shares Under $100m Programme

Airtel Africa Plc has repurchased 500,000 of its ordinary shares as part of its ongoing $100 million share buyback initiative. The transaction was executed on July 22 through Barclays Capital Securities Limited.

The repurchased shares were acquired at prices ranging between 184.60p and 186.70p, with a volume-weighted average price of 185.82p per share. These shares will be cancelled following the purchase.

With this, the company’s outstanding share count stands at 3.65 billion, including 7.49 million treasury shares. The new total voting rights amount to 3.649 billion.

The company noted that since the buyback programme began in December 2024, a total of 40 million shares have been repurchased at a weighted average price of 150.70p.

Backstory & Sources
This latest announcement was filed via the London Stock Exchange and Nigerian Exchange Group, consistent with previous buyback disclosures

• The FT Markets Data summary covered the transaction details on 21 July
• Earlier coverage noted the £100 million buyback programme launched in December 2024, with its second tranche beginning in May 2025
• All details stem directly from Airtel Africa’s official notice filed with the Nigerian Exchange Group and London Stock Exchange: https://doclib.ngxgroup.com/Financial_NewsDocs/44568_AIRTEL_AFRICA_PLC-NOTIFICATION_OF_TRANSACTION_IN_OWN_SHARES_CORPORATE_ACTIONS_JULY_2025.pdf