Telecom

Airtel Buys Back 66,089 Units of Own Shares

Comms Week11 Mar 20250 Comments

Kindly share this post

Airtel Africa announced on Tuesday, that it has purchased about 66, 089 of its ordinary shares of $ 0.50 each from Barclays Capital Securities Limited. The telecoms firm said the move is pursuant to…

Airtel Africa announced on Tuesday, that it has purchased about 66, 089 of its ordinary shares of $ 0.50 each from Barclays Capital Securities Limited.

The telecoms firm said the move is pursuant to the authority granted by its shareholders as part of its share buy-back programme, as earlier announced on 23 December 2024.

The purchase made on Monday, March 10, contained an aggregate of 66, 089 ordinary shares at a price of N143.70 per share.

The highest price paid was N144 per share, with a volume-weighted average price of N143.96 paid per share.

Since the commencement of the share buy-back programme announced on 23 December 2024, the company added that it has purchased 16,750,765 ordinary shares in aggregate, at a volume-weighted average price of 120.8955 GBp per ordinary share.

Tags:#Airtel Africa #Barclays Capital Securities Limited

Published by

Comms Week

Trained and practicing journalist passionate about telecommunications, fintech, cybersecurity, and digital economy reporting.

MTN Nigeria Backs Rotary RYLA 2026, Equips Over 400 Young Nigerians With Leadership Skills

Google search trends reveal changing fitness habits among Nigerians

GITEX Nigeria launches MINT Africa platform to position Lagos as future finance hub

IDC Says Era of Cheap Smartphones is over

NASENI Demonstrates Solar Irrigation System Benefits to Kano Farmers

MTN Foundation, BOI deepen support for women-led businesses through Y’ellopreneur Pitch

Africa’s Next Chapter: Allison Worldwide, BHM to Host 2026 Africa Breakfast Conversations at UNGA81

By Ugo Onwuaso•4 Sept 2026

As U.S.–Africa trade and investment relations evolve, Allison Worldwide, a global integrated marketing and communications agency, and BHM, a leading African media and communications company, have announced their fourth UNGA event and the latest edition of the Africa Breakfast Conversations (ABC), a high-level, invite-only gathering taking place during the 81st United Nations General Assembly (UNGA81) in New York City.

Telecom

Business Leaders Weigh In on Nigeria’s Economic Growth as FG Launches $1bn HOPE-SP Scheme

By Ugo Onwuaso•3 Sept 2026

Business leaders in Nigeria’s private sector have called for greater emphasis on skills acquisition, entrepreneurship and individual initiative to complement government social protection programmes and drive sustainable economic growth.

Telecom

GITEX Nigeria 2026 Opens in Lagos, Targets Africa’s Digital Transformation

By Ugo Onwuaso•3 Sept 2026

The second edition of GITEX Nigeria 2026 opened in Lagos on Wednesday, bringing together government policymakers, technology enterprises, investors and startups to accelerate West Africa’s participation in the global digital economy.