Airtel Africa plc has announced the purchase of 40,000 of its ordinary shares at USD 0.50 each from Barclays Capital Securities Limited on December 29, 2025, as part of its ongoing share buyback programme authorised by shareholders on September 22, 2025.
The telecommunications giant executed the share repurchase at a volume-weighted average price of 337.85 pence (GBp) per share, with prices ranging from a low of 335.80p to a high of 342.00p during the trading session, according to a statement issued on Tuesday.
According to the statement, all purchased ordinary shares will be cancelled.
The share purchases were executed across multiple European trading venues:
London Stock Exchange: 25,972 shares at a volume-weighted average price of 337.88p, with prices ranging from 336.40p to 342.00p
BATS Europe: 4,394 shares at an average price of 337.41p, with prices between 336.80p and 338.80p
CHI-X Europe: 5,460 shares at an average price of 337.78p, trading between 335.80p and 339.20p
Aquis Exchange: 4,174 shares at an average price of 338.19p, with a price range of 337.20p to 340.00p
Following this latest purchase, Airtel Africa’s issued share capital now stands at 3,655,960,539 ordinary shares, which includes 7,489,044 treasury shares held by the company.
The total number of voting rights in the company is now 3,648,471,495. This figure serves as the denominator that shareholders should use when determining whether they are required to notify their interest in, or any changes to their interest in, the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
The transactions were executed pursuant to the revised arrangements with Barclays Capital Securities Limited, which were announced on September 22, 2025.
Since the launch of the first tranche of the $100 million share buyback programme on December 23, 2024, Airtel Africa has purchased a cumulative total of 40,845,209 ordinary shares at a volume-weighted average price of 151.8430 GBp per ordinary share.
News.ng reports that the share buyback programme represents Airtel Africa’s commitment to returning value to shareholders while maintaining its strategic focus on expanding telecommunications infrastructure across the African continent. The company operates in 14 countries across East, Central, and West Africa, providing mobile voice, data, and mobile money services.
