Airtel Africa plc has reached a new milestone in its capital allocation strategy, announcing the purchase and subsequent cancellation of 40,000 ordinary shares on January 2, 2026.
This move is part of the company’s ongoing $100 million share buy-back programme designed to enhance long-term shareholder value.
Transaction Breakdown
The shares, each valued at $0.50, were acquired through Barclays Capital Securities Limited across several major trading venues, including the London Stock Exchange (LSE), BATS, and Chi-X Europe.
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Price Range: 356.40p – 363.80p
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Volume-Weighted Average Price (VWAP): 361.09p
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Total Shares Repurchased (to date): 40,965,209
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Cumulative VWAP: 152.4457p
Updated Share Capital & Voting Rights
In line with the programme’s structure, all recently purchased shares will be cancelled. Following this action, Airtel Africa’s capital structure is as follows:
| Category | Total Count |
| Ordinary Shares in Issue | 3,655,840,539 |
| Shares Held in Treasury | 7,489,044 |
| Total Voting Rights | 3,648,351,495 |
Strategic Context
This buy-back follows the authority granted by shareholders and the revised arrangements with Barclays announced in September 2025.
Since the programme’s inception in December 2024, Airtel Africa has maintained a consistent pace in its repurchasing efforts, reflecting a disciplined approach to managing its balance sheet and returning excess cash to investors.
The LSE remains the primary venue for these transactions, accounting for the largest volume of shares acquired during this latest tranche.
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