Airtel Africa continues share buyback programme
Airtel Africa has purchased 799,925 of its ordinary shares from the London Stock Exchange as part of its ongoing share buyback programme. Read More: https://punchng.com/airtel-africa-continues-share-buyback-programme/
Airtel Africa has been actively executing its share buyback programme, purchasing 799,925 ordinary shares at a cost of USD 0.50 each from Citigroup Global Markets Limited. The transactions took place on the London Stock Exchange between November 5 and November 6, 2026, as part of the company's ongoing initiative to return capital to shareholders.
This fresh tranche of the buyback plan, disclosed on November 5, 2026, aims to repurchase up to 12.03 million shares, accounting for approximately 0.33 percent of the company's issued share capital. The buyback is scheduled to conclude on December 22, 2026. The program is subject to shareholder approvals and is restricted to the London Stock Exchange, with no transactions occurring on the Nigerian Exchange Limited.
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