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Airtel Africa Progresses Share Buy-Back Program
Company Announcements

Airtel Africa Progresses Share Buy-Back Program

Airtel Africa Plc (GB:AAF) has released an update.

Airtel Africa, a prominent telecommunications provider, has recently repurchased 220,000 of its own shares at a volume-weighted average price of 121.11 GBp per share, as part of its ongoing share buy-back program initiated on March 1, 2024. Following this transaction, the company has accumulated a total of 16,163,973 shares at an average price of 103.36 GBp since the program’s start. These repurchased shares are set to be cancelled as part of Airtel Africa’s strategy to manage its capital effectively.

For further insights into GB:AAF stock, check out TipRanks’ Stock Analysis page.

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