23rd Dec 2024 10:04
Airtel Africa PLC - telecommunications and mobile money services provider in 14 countries in Africa - Starts its second share buyback programme as a listed company in London. The up to USD100 million buyback starts on Monday with a USD50 million first tranche. This tranche will be run by Barclays Capital Securities Ltd, part of Barclays PLC, and will be completed by April 24. A previous USD100 million buyback was launched in March and completed in October. Airtel Africa listed in London in mid-2019.
Current stock price: 108.32 pence, up 2.9% in London early Monday
12-month change: down 17%
By Tom Waite, Alliance News editor
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