Airtel Africa Advances Own Share Buy-back Programme From Barclays

Airtel Africa has continued executing its share buy-back initiative, announcing fresh purchases of its own stock under the authority previously approved by shareholders.
In a regulatory filing dated 23 February 2026, released on the Nigerian Exchange, the company disclosed that it acquired 60,000 ordinary shares of $0.50 each on 20 February 2026 from Barclays Capital Securities Limited at a volume-weighted average price of 354.39 pence per share, reinforcing its capital management strategy. The repurchased shares will be held in treasury, reducing the pool of publicly traded stock.
The company said the purchases were made pursuant to the revised arrangements entered into with Barclays Capital Securities Limited announced on 22 September 2025.
Following the latest transaction, Airtel Africa’s ordinary shares in issue now stand at approximately 3.65 billion, including more than 9 million held in treasury. The updated total number of voting rights serves as the denominator for regulatory disclosure thresholds under UK and European transparency rules.
The activity is part of the group’s ongoing $100 million share buy-back programme launched in December 2024. Under this plan, purchases are carried out on-market through Barclays, which acts as a principal on behalf of the company. Since the programme’s inception, Airtel Africa has repurchased over 43 million shares in aggregate at an average price of around 162.9 pence per share.