Transaction in Own Shares

Summary by AI BETAClose X

Airtel Africa plc has provided an update on its share buyback program, announcing the purchase of 906,033 ordinary shares between August 10 and August 14, 2026, at a volume weighted average price of 325.15 GBp per share. These shares will be cancelled. Furthermore, the company has amended its agreement with Barclays Capital Securities Limited, increasing the maximum aggregate notional amount for discretionary purchase orders by $15 million, from $50 million to $65 million, bringing the total potential discretionary purchases to $65 million alongside a non-discretionary element of up to $60 million.

Disclaimer*

Airtel Africa PLC
18 August 2026
 

 

 

Airtel Africa plc

 

('Airtel Africa', or the 'Company')

 

Transaction in Own Shares and Share Buyback Update

 

London and Lagos, 18 August 2026: Airtel Africa announces that in the period 10 August 2026 to 14 August 2026 it purchased the following number of its ordinary shares of USD 0.50 each from Barclays Capital Securities Limited ("Barclays") pursuant to the authority granted by its shareholders as part of its share buyback programme, details of which were announced on 22 May 2026.

 

Aggregate information:

 

Date of purchase

Aggregate number of ordinary shares purchased

Lowest price paid per share (GBp)

Highest price paid per share (GBp)

Volume weighted average price paid (GBp)

10/08/2026

 499275

323.0000

329.6000

 325.0613

11/08/2026

 83351

323.2000

324.0000

 323.7478

12/08/2026

 290000

323.0000

326.0000

 325.2560

13/08/2026

 26499

324.4000

325.4000

 325.0749

14/08/2026

 28408

324.6000

327.0000

 326.5127

 

 

The purchased ordinary shares will be cancelled.

 

Since the commencement of the buyback programme with Barclays Capital Securities Limited announced on 22 May 2026, the Company has purchased   18,338,632 ordinary shares in aggregate, at a volume weighted average price of 337.11 GBp per ordinary share.

 

A full breakdown of the individual trades is attached to this announcement.

 

http://www.rns-pdf.londonstockexchange.com/rns/0154R_1-2026-8-17.pdf

 

Share buyback update

 

The Company announces that it has entered into an amendment agreement with Barclays Capital Securities Limited ("Barclays") in relation to the share buyback programme announced on 22 May 2026.

 

Under the amendment agreement, the maximum aggregate notional amount of discretionary purchase orders that may be submitted under the agreement with Barclays has been increased by $15m, from $50m to $65m. All other terms of the agreement announced on 22 May 2026 remain unchanged.

 

Accordingly, the amended agreement with Barclays now comprises two elements operating in parallel:

 

·      a non-discretionary element pursuant to which Barclays will purchase up to $60m and not less than $50m  of ordinary shares and will make trading decisions independently of the Company; and

 

·      a discretionary element pursuant to which the Company may, at its discretion and subject to applicable legal and regulatory requirements, provide instructions to Barclays for the purchase of up to $65m of ordinary shares.

 

The sole purpose of the buyback programme is to reduce the capital of the Company. All shares purchased under the programme will continue to be cancelled.

 

 

Enquiries

 

Airtel Africa - Investor Relations

Alastair Jones

Investor.relations@africa.airtel.com

 

+44 7464 830 011

+44 207 493 9315



 

Airtel Africa - Group Company Secretary

Simon O'Hara

 

 

 

     +44 207 493 9315

 

 

 

About Airtel Africa

Airtel Africa is a leading provider of telecommunications and mobile money services, with operations in 14 countries in sub-Saharan Africa. Airtel Africa provides an integrated offer to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally. The company's strategy is focused on providing a great customer experience across the entire footprint, enabling our corporate purpose of transforming lives across Africa.

 

www.airtel.africa

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