Telecommunications giant Airtel Africa has informed the Nigerian Exchange Limited (NGX) and the investment public that it has repurchased 50,000 units of its ordinary shares at an average price of 344.13 pence.
News.ng reports that the transaction is part of the telecom company’s ongoing $100 million share buy-back programme.
In a statement issued to the NGX on Wednesday, the telecom company noted that the shares, valued at $0.50 each, were acquired on Tuesday, February 17, 2026, from Barclays Capital Securities Limited.
The buy-back programme was authorised following agreement by the shareholders, as announced on September 22, 2025.
Further details revealed that the lowest price paid per share was 340.00p, while the highest price was 345.40p. The transactions were executed across a number of trading platforms in Europe, with most of the transactions carried out on the London Stock Exchange (LSE).
According to the notice, on the LSE, 31,075 shares were acquired for 344.32p (low: 343.00p; high: 345.40p).
On BATS Europe, 4,130 shares were acquired at 343.82p (low: 343.00p; high: 344.20p).
On CHI-X Europe, 3,765 shares were acquired at 342.44p (low: 340.00p; high: 344.00p).
On Aquis Exchange, 1,756 shares were acquired at 344.68p (low: 344.60p; high: 344.80p).
On Turquoise, 9,274 shares were acquired at 344.23p (low: 343.00p; high: 345.20p).
Following Tuesday’s acquisition, Airtel Africa now has a total ordinary share capital of 3,654,881,028 shares, with 8,938,490 shares held in treasury. This brings the company’s total voting rights to 3,645,942,538.
Cumulatively, Airtel Africa has repurchased 43,374,166 ordinary shares at a volume-weighted average price of 162.7604 pence per share.
