Airtel Africa Plc Buys 80,000 Shares as $100 Million Buyback Nears March 31 Deadline
Airtel Africa on Monday disclosed it snapped up 80,000 of its own shares, paying an average price of 345.59 pence apiece. The latest purchase adds to the telecom operator’s $100 million buyback program, which the company still expects to wrap up by March 31. The timing of the filing is notable, coming as the London-listed telecom group pushes ahead with plans to float Airtel Money—its mobile payments arm—in the first half of 2026. Back in January, Airtel reiterated its target, saying the unit that enables money transfers via mobile phones remained on course for that window.