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Helios Towers Announces $75 Million Share Buyback Program

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Helios Towers Announces $75 Million Share Buyback Program

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Helios Towers ( (GB:HTWS) ) has shared an update.

Helios Towers has announced a share buyback program of up to $75 million, set to be completed by the end of 2026. This initiative is part of the company’s capital allocation strategy, reflecting its strong financial position and confidence in long-term growth. The buyback will be conducted in tranches, with the first $25 million tranche starting immediately, and aims to optimize the company’s capital structure while returning surplus capital to shareholders.

The most recent analyst rating on (GB:HTWS) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Helios Towers stock, see the GB:HTWS Stock Forecast page.

Spark’s Take on GB:HTWS Stock

According to Spark, TipRanks’ AI Analyst, GB:HTWS is a Neutral.

Helios Towers’ overall stock score is driven by strong earnings call results and positive technical indicators. However, high leverage and valuation concerns weigh on the score. The company’s strategic outlook and operational efficiency are positive, but financial risks and high valuation limit the overall score.

To see Spark’s full report on GB:HTWS stock, click here.

More about Helios Towers

Helios Towers is a leading independent telecom tower company operating across Africa and the Middle East, managing nearly 15,000 mobile tower sites. The company provides essential infrastructure and power services to mobile network operators, facilitating colocation to enhance performance and reduce costs. Helios Towers is recognized for its disciplined capital allocation and strategic partnerships, contributing to digital connectivity and economic growth in the region.

Average Trading Volume: 2,610,076

Technical Sentiment Signal: Buy

Current Market Cap: £1.6B

Find detailed analytics on HTWS stock on TipRanks’ Stock Analysis page.

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