Airtel Africa Plc (GB:AAF) has released an update.
Airtel Africa Plc, a major telecommunications and mobile money services provider, has announced the purchase and subsequent cancellation of 136,850 of its own ordinary shares at a volume-weighted average price of 110.62 GBp. This recent transaction is part of a larger share buy-back program initiated on 1 March 2024, under which the company has so far acquired a total of 12,935,532 shares. The buy-back reflects Airtel Africa’s ongoing strategy to enhance shareholder value.
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